Question
1. You run a school in Florida. Fixed monthly cost is $5,044.00 for rent and utilities, $6,352.00 is spent in salaries and $1,547.00 in insurance.
1. You run a school in Florida. Fixed monthly cost is $5,044.00 for rent and utilities, $6,352.00 is spent in salaries and $1,547.00 in insurance. Also every student adds up to $100.00 per month in stationary, food etc. You charge $617.00 per month from every student now.
You are considering moving the school to another neighborhood where the rent and utilities will increase to $11,445.00, salaries to $6,559.00 and insurance to $2,054.00 per month. Variable cost per student will increase up to $158.00 per month. However you can charge $1,023.00 per student. At what point will you be indifferent between your current mode of operation and the new option?
Answer format: Number: Round to: 0 decimal places.
Attempts Remaining: 1
2. You run a school in Florida. Fixed monthly cost is $5,525.00 for rent and utilities, $6,126.00 is spent in salaries and $1,407.00 in insurance. Also every student adds up to $97.00 per month in stationary, food etc. You charge $631.00 per month from every student now.
You are considering moving the school to another neighborhood where the rent and utilities will increase to $11,407.00, salaries to $6,534.00 and insurance to $2,480.00 per month. Variable cost per student will increase up to $187.00 per month. However you can charge $1,157.00 per student. At what point will you be indifferent between your current mode of operation and the new option?
Answer format: Number: Round to: 0 decimal places.
Attempts Remaining: 1
3. For a table manufacturing company, selling price for a table is $177.00 per Unit, Variable cost is $22.00 per Unit, rent is $3,399.00 per month and insurance is $226.00 per month. Company wants to expand its business and improve the table quality, it wants to increase the selling price for a table to $302.00 per Unit, Variable cost to $51.00 per Unit, bigger area will have rent $5,571.00 per month and insurance is $332.00 per month At what point will the company be indifferent between the current mode of operation and the new option?
Answer format: Number: Round to: 0 decimal places.
Attempts Remaining: 1
4. Expenses for a Pizza restaurant include raw material for pizza at $6.00 per slice, $115.00 as monthly rental and $21.00 monthly as insurance. Lost sale expense is considered to be $5.00 per unhappy customer. Leftover Pizza can be sold for $3. The restaurant is open 25 days in a month.
Today the restaurant prepared 200.00 pizza slices and sells them for $13.00/slice. There was a party at a nearby office so the demand for pizza went up to 210.00 slices. How much profit did the restaurant earn today?
Answer format: Currency: Round to: 0 decimal places.
Attempts Remaining: 1
answer all 4 questions asap please!!!
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