Please help with the following questions.
Pet Energy Therapy Association (PETA) treats peoples' pets, and has the following cost structure:
Charge per therapy session $150
Variable cost per therapy session $50
Fixed costs $200,000
They expect to perform 2,000 session each year (8/day, 5 days/week, 50 weeks/year).
A. Construct PETA's profit and loss statement.
B. How many sessions must PETA's perform to breakeven?
C. To earn $100,000 in profit, how many sessions must they provide this year?
D. If there is one fulltime employee, paid $40/hour, who spends an hour on each session, what work would be needed to earn the $100,000?