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a. What enrollment will enable CCI to break even? b.How many students will enable CCI to make an operating profit of $31,200 from the introductory
a. What enrollment will enable CCI to break even?
b.How many students will enable CCI to make an operating profit of $31,200 from the introductory coding course for the year?
c. Assume that the projected enrollment for the year is 7,548 students for each of the following (considered independently):
- What will be the operating profit (for 7,548 students)?
- What would be the operating profit if the tuition per student (that is, sales price) decreased by 20 percent? Increased by 10 percent?
- What would be the operating profit if variable costs per student decreased by 20 percent? Increased by 10 percent?
- Suppose that fixed costs for the year are 15 percent lower than projected, whereas variable costs per student are 15 percent higher than projected. What would be the operating profit/loss for the introductory coding course for the year
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