Alameda Tile sells products to many people remodeling their homes and thinks that it could profitably offer courses on tile installation, which might also increase the demand for its products. The basic installation course has the following (tentative) price and cost characteristics. Tuition Variable costs (tiles, supplies, and so on) Fixed costs advertising, salaries, and so on) 430 per student 250 per student 90,000 per year Required: a. What enrollment will enable Alameda Tile to break even? b. How many students will enable Alameda Tile to make an operating profit of $37,800 for the year? c. Assume that the projected enrollment for the year is 860 students for each of the following considered independently): 1. What will be the operating profit (for 860 students)? 2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 7 percent? Increased by 25 percent? 3. What would be the operating profit if variable costs per student decreased by 11 percent? Increased by 16 percent? 4. Suppose that fixed costs for the year are 7 percent lower than projected, whereas variable costs per student are 9 percent higher than projected. What would be the operating profit for the year? Complete this question by entering your answers in the tabs below. Req A Req B Reg C1 Reg C2 Reg C3 Reg C4 Assume that the projected enrollment for the year is 860 students for the following (considered independently): C2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 7 percent? Increased by 25 percent? (Do not round intermediate calculations.) decreases by $ 38,914 Sales price decreased by 7 percent: Sales price increased by 25 percent: Operating profit Operating profit increases by $ 157,250 Complete this question by entering your answers in the tabs below. Req A Req B Reg C1 Req C2 Reg C3 Req C4 Assume that the projected enrollment for the year is 860 students for the following considered independently): C3. What would be the operating profit if variable costs per student decreased by 11 percent? Increased by 16 percent? (Do not round intermediate calculations.) increases by $ 88,450 Variable costs per student decreased by 11 percent: Variable costs per student increased by 16 percent: Operating profit Operating profit decreases by $ 30.400