Business, 27.03.2020 00:21 jujurae03

Individual $ 40Student 25Family 95CasesCity Racquetball Club (CRC) offers racquetball and other physical fitness facilities to its members. There are four of these clubs in the metropolitan area. Each club has between 1,800 and 2,500 members. Revenue is derived from annual membership fees and hourly court fees. The annual membership fees are as follows:■ Case 9–45Using Budgets to Evaluate Business Decisions (LO 9-2, 9-3, 9-7)The hourly court fees vary from $6 to $10 depending upon the season and the time of day (prime versus nonprime time).The peak racquetball season is considered to run from September through April. During this period, court usage averages 90 to 100 percent of capacity during prime time (5:00–9:00 p. m.) and 50 to 60 percent of capacity during the remaining hours. Daily court usage during the off-season (i. e., sum-mer) averages only 20 to 40 percent of capacity.

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Individual $ 40Student 25Family 95CasesCity Racquetball Club (CRC) offers racquetball and other ph...

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