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1. Seeing a need for childcare in her community, Sue decided to launch her own daycare...

1. Seeing a need for childcare in her community, Sue decided to launch her own daycare service. Her service needed to be affordable. After doing her homework, Sue came up with the following financial information: Selling Price (per child per day): $12 Operating Expenses (per month): $600 Insurance $400 Rent $200 Costs of goods sold = $4.00 per unit Meals 2 @ $1.50 (breakfast & lunch) Snacks 2 @ $0.50 The month of June has 20 workdays, Monday through Friday for four weeks. How many children will Sue need to take care of (per day) just to break-even in her new business for the month of June? 2. Sue finds that she is drawing 25% less than her break-even point. How do you suggest that she make up the difference. I am looking for data-driven ideas to specifically answer this question to actually quantify how she makes up the 25%.

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