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Homework answers / question archive / How Many Days of Hire are Needed to Break Even this Year? - Company Operational Fixed Cost: Salaries - $1
How Many Days of Hire are Needed to Break Even this Year?
- Company Operational Fixed Cost:
Salaries - $1.2 million
Office/Structure - $600,000
Misc - $700,000
- Debt Fixed Cost (Debt servicing & Insurance Coverage) :
$11,000/day based on one year deb service
- Variable Costs (Food/Gas) :
$1,500 per day
- $22,000 daily rate (market decides that rate)
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