Alloy Has Annual Fixed Operating Costs of $200,000 and Variable

Multiple Choice

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