A university has 5,000 students, but a capacity of 6,000 students. The fixed cost of operating the

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A university has 5,000 students, but a capacity of 6,000 students. The fixed cost of operating the school is $$1$ million per month. The variable cost is $$100$ per student per month.

a. What is the average cost per student of operating the university given 5,000 students?

b. What is the cost of adding 50 more students?

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Management Accounting In A Dynamic Environment

ISBN: 9780415839020

1st Edition

Authors: Cheryl S McWatters, Jerold L Zimmerman

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Question Posted: May 12, 2024 01:01 AM

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A university has 5,000 students, but a capacity of 6,000 students. The fixed cost of operating the

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a Average Cost per Student with 5000 Students Fixed Cost ...View the full answer

Management Accounting In A Dynamic Environment

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