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Question
Each month, the owner of a carwash pays $2,500 in rent, $500 in utilities, $750 interest on the business loan, an insurance premium of $200, and $250 on advertising on local bus routes. A full-service carwash is priced at $10.50. Unit variable costs for the carwash are $7.50. At what level of revenue will the carwash break-even?
A. $4,200
B. $10,500
C. $14,700
D. $30,000
E. $39,900
Answer
This answer is hidden. It contains 170 characters.
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