Joshua repairs tubs and jacuzzis for $340 per job. His fixed costs are $1,250 per month and variable costs are $40 per job. a. Calculate the contribution margin on each job. b. Calculate the number of orders he needs to get per month to break even.
Joshua repairs tubs and jacuzzis for $340 per job. His fixed costs are $1,250 per month and variable costs are $40 per job. a. Calculate the contribution margin on each job. b. Calculate the number of orders he needs to get per month to break even.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Joshua repairs tubs and jacuzzis for $340 per job. His fixed costs are $1,250 per month and variable costs are $40 per job.
a. Calculate the contribution margin on each job.
b. Calculate the number of orders he needs to get per month to break even.
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