It is known that the membership fee is $26. Using this, the variable cost per member can be calculated, as shown in table 2.
Revenue per member (a)
$26
Fixed costs per member (b)
$20
Variable cost (a-b)
$6
If the membership fee is $26 per me Continue Reading...
Snap Fitness
Franchise Opportunities with Snap Fitness: A Cost Assessment and Financial Feasibility Analysis
Owning a business can be a ticket to financial independence and the freedom that comes with not having a boss, but before this level of suc Continue Reading...
Finance
PowerPoint Presentation for CVP Calculations
With the figures given it is possible to calculate the variable cost per member. To calculate the variable cost, with the knowledge that the break even point for the firm is 300 monthly membershi Continue Reading...