Alloy has annual fixed operating costs of $200,000 and variable costs of $400 per camper. Total fees charged to campers amount to $600 each. The camp expects 400 campers next summer. Projected government grants are $100,000. How much must Alloy raise from other sources to break even?
A) $50,000
B) $30,000
C) $60,000
D) $20,000
Correct Answer:
Verified
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