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i Data Table Madison Musi services come band students individuals at profit of $1,00 (Click the of all ages. Payment for MME conducted an activity analysis and found that teaching staff wages and supplies costs are variable with respect to clessons for up to 140 student-months. (A student-month is one student educated for 1 month.) Administrative staff and facilities costs are fixed P) payment from within the range of 1,800-2,300 student-months. At volumes between 2,300 and 2,800 student-months, an additional bhool year, MME made a facilities charge of S2,800 would be incurred. During the last year, a total of 2.200 student-months of education were provided, 1,000 of which were for private students and 1,200 of which were offered under the contract with Tiny Tunes School. Revenues: Tiny Tunes School Contract $ 150 000 120,000 Read the requirements $ 270,000 Private students Total revenues Expenses: Administrative staff Requirement the cost informat i Requirements $ 64,000 Fixed cost per Variable cost Teaching start Facilities 100,000 51,000 54.000 Supplies students (that is as in 2012-2013, what Requirement profit or loss W Total expenses 269,000 Complete the School decrease 1,000 $ m 2012-2013 Profit 1. Compute the following using cost information from year 2012-2013 operations: Fixed cost per year Variable cost per student-month 2. Suppose that in 2013-2014 Tiny Tunes School decreased its use of MME to 90 students (that is. 810 student-months). The fixed contract price of $150,000 was still paid. If everything else stayed as it was in 2012-2013, what profit or loss would be made in 2013-2014? 3. Suppose that at the beginning of 2013-2014 Tiny Tunes School decided not to renew its contract with MME, and the management of MME decided to try to maintain business as usual with only private students. How many students (each signing up for 9 months) would MME require to continue to make a profit of $1,000 per year? Total revenue Variable costs Print Done Total contribu Fixed costs Profit (Loss) Print Done tudents. How many TOTTIVO TODOTT Requirement 3. Suppose that at the beginning of 2013-2014 Tiny Tunes School decided not to renew its contrad students (each signing up for 9 months) would MME require to continue to make a profit of $1,000 per year? (Ro MME would require students to continue to make a profit of $1,000 per year. . Enter any number in the edit fields and then continue to the next question. . ? Madison Musical Education Company (MME) provides instrumental music education to children of all ages. Payment for services comes from two sources: (1) a contract with Tiny Tunes School to provide private music lessons for up to 140 band students a year (where a year is 9 months of education) for a fixed fee of $150,000, and (2) payment from individuals at a rate of $120 per month for 9 months of education each year. In the 2012-2013 school year, MME made a profit of $1,000 on revenues of $270,000: Click the icon to view the data.) MME conducted an activity analysis and found that teaching staff wages and supplies costs are variable with respect to student-months. (A student-month is one student educated for 1 month.) Administrative staff and facilities costs are fixed within the range of 1,800-2,300 student-months. At volumes between 2,300 and 2.800 student-months, an additional facilities charge of $2,800 would be incurred. During the last year, a total of 2,200 student-months of education were provided, 1,000 of which were for private students and 1,200 of which were offered under the contract with Tiny Tunes School. Read the requirements. Requirement 1. Compute the fixed cost per year and the variable cost per student-month using the cost information from the 2012-2013 year of operations. Fixed cost per year arount to $. Variable cost per student-month amount to $ Requirement 2. Suppose that in 2013-2014 Tiny Tunes School decreased its use of MME to 90 students (that is, 810 student-months). The fixed contract price of $150,000 was still pald. If everything else stayed as it was in 2012-2013, what profit or loss would be made in 2013-2014? Complete the table below calculate the profit or loss for 2013-2014 assuming that Tiny Tunes School decreased its use of MME to 90 students that is 810 student-months) but that everything else stayed the same from 2012-2013 Total revenues Variable costs Total contribution margin Fixed costs Profit (Loss) Requirement 3. Suppose that at the beginning of 2013-2014 Tiny Tunes School decided not to renew its contract with MME, and the management of MME decided to try to maintain business as usual with only private students. How many students (each signing up for 9 months) would MME require to continue to make a profit of $1,000 per year? (Round the required number of students up to the next whole number.) MME would require students to continue to make a profit of $1,000 per year. Enter any number in the edit fields and then continue to the next question. ? Madison Music Education Company (WWE) provides instrumental music education to children of all ages. Payment for MME conducted any analysis and found that inaching staff wages and supples coses are variable with respecte sono comes from two sources (1) a contract with Tiny Tunes School to provide private music lessons for up to 140 student months. A student month is one student educated for 1 month.) Administrative staff and facilities costs are fred band students a year where a year is months of education for a fixed fee of S150.000. and (Z1 payment from within the range of 1800-2,300 student months. Al volumes between 2.300 and 2.800 student months, an additional Individuals at a rate of 5120 per month to 9 months of education each year. In the 2012-2013 school year, MME mate a faites charge of 2.600 would be inued Ouring the last year, a total of 2.200 student months of education were proft of $1,000 on revenues of $270,000 provided, 1,000 wh were for presudents and 1.200 of which were oftened under the contract with Thy Tu mok nie) School Read the Requirement Compute the feed cost per year and the variable cont per un moting the cost information from the 2012-2013 year of operations Vrate cost per studentment amount to Requirement 25.000 That in 2013 2014 Twy Tunes School created site of Mt 1000 students that is, to wadon martha). The fred contact pie ot 100.000 was sit as, Homerything else stayed an iwas n 2012-2013, what proftor is would be made in 2013-2017 Come to telow to use the profit or kun for 2013-2014 Riming the Toy Tues format of (2.810 huuthat everything we stayed to come from 2012-2013 Requirements of the bring of 2015-2016 Tiny Tunen school does not reward Moment of Medido te try to maintain view thinly private inteach ging up for monta MIME to one to make a profit of $1,000 per your own before we w MWE Weblo con to make a profet 1.000 per you Enter any number in the fields and then continue to the next question Se for Lite i Data Table Madison Musi services come band students individuals at profit of $1,00 (Click the of all ages. Payment for MME conducted an activity analysis and found that teaching staff wages and supplies costs are variable with respect to clessons for up to 140 student-months. (A student-month is one student educated for 1 month.) Administrative staff and facilities costs are fixed P) payment from within the range of 1,800-2,300 student-months. At volumes between 2,300 and 2,800 student-months, an additional bhool year, MME made a facilities charge of S2,800 would be incurred. During the last year, a total of 2.200 student-months of education were provided, 1,000 of which were for private students and 1,200 of which were offered under the contract with Tiny Tunes School. Revenues: Tiny Tunes School Contract $ 150 000 120,000 Read the requirements $ 270,000 Private students Total revenues Expenses: Administrative staff Requirement the cost informat i Requirements $ 64,000 Fixed cost per Variable cost Teaching start Facilities 100,000 51,000 54.000 Supplies students (that is as in 2012-2013, what Requirement profit or loss W Total expenses 269,000 Complete the School decrease 1,000 $ m 2012-2013 Profit 1. Compute the following using cost information from year 2012-2013 operations: Fixed cost per year Variable cost per student-month 2. Suppose that in 2013-2014 Tiny Tunes School decreased its use of MME to 90 students (that is. 810 student-months). The fixed contract price of $150,000 was still paid. If everything else stayed as it was in 2012-2013, what profit or loss would be made in 2013-2014? 3. Suppose that at the beginning of 2013-2014 Tiny Tunes School decided not to renew its contract with MME, and the management of MME decided to try to maintain business as usual with only private students. How many students (each signing up for 9 months) would MME require to continue to make a profit of $1,000 per year? Total revenue Variable costs Print Done Total contribu Fixed costs Profit (Loss) Print Done tudents. How many TOTTIVO TODOTT Requirement 3. Suppose that at the beginning of 2013-2014 Tiny Tunes School decided not to renew its contrad students (each signing up for 9 months) would MME require to continue to make a profit of $1,000 per year? (Ro MME would require students to continue to make a profit of $1,000 per year. . Enter any number in the edit fields and then continue to the next question. . ? Madison Musical Education Company (MME) provides instrumental music education to children of all ages. Payment for services comes from two sources: (1) a contract with Tiny Tunes School to provide private music lessons for up to 140 band students a year (where a year is 9 months of education) for a fixed fee of $150,000, and (2) payment from individuals at a rate of $120 per month for 9 months of education each year. In the 2012-2013 school year, MME made a profit of $1,000 on revenues of $270,000: Click the icon to view the data.) MME conducted an activity analysis and found that teaching staff wages and supplies costs are variable with respect to student-months. (A student-month is one student educated for 1 month.) Administrative staff and facilities costs are fixed within the range of 1,800-2,300 student-months. At volumes between 2,300 and 2.800 student-months, an additional facilities charge of $2,800 would be incurred. During the last year, a total of 2,200 student-months of education were provided, 1,000 of which were for private students and 1,200 of which were offered under the contract with Tiny Tunes School. Read the requirements. Requirement 1. Compute the fixed cost per year and the variable cost per student-month using the cost information from the 2012-2013 year of operations. Fixed cost per year arount to $. Variable cost per student-month amount to $ Requirement 2. Suppose that in 2013-2014 Tiny Tunes School decreased its use of MME to 90 students (that is, 810 student-months). The fixed contract price of $150,000 was still pald. If everything else stayed as it was in 2012-2013, what profit or loss would be made in 2013-2014? Complete the table below calculate the profit or loss for 2013-2014 assuming that Tiny Tunes School decreased its use of MME to 90 students that is 810 student-months) but that everything else stayed the same from 2012-2013 Total revenues Variable costs Total contribution margin Fixed costs Profit (Loss) Requirement 3. Suppose that at the beginning of 2013-2014 Tiny Tunes School decided not to renew its contract with MME, and the management of MME decided to try to maintain business as usual with only private students. How many students (each signing up for 9 months) would MME require to continue to make a profit of $1,000 per year? (Round the required number of students up to the next whole number.) MME would require students to continue to make a profit of $1,000 per year. Enter any number in the edit fields and then continue to the next question. ? Madison Music Education Company (WWE) provides instrumental music education to children of all ages. Payment for MME conducted any analysis and found that inaching staff wages and supples coses are variable with respecte sono comes from two sources (1) a contract with Tiny Tunes School to provide private music lessons for up to 140 student months. A student month is one student educated for 1 month.) Administrative staff and facilities costs are fred band students a year where a year is months of education for a fixed fee of S150.000. and (Z1 payment from within the range of 1800-2,300 student months. Al volumes between 2.300 and 2.800 student months, an additional Individuals at a rate of 5120 per month to 9 months of education each year. In the 2012-2013 school year, MME mate a faites charge of 2.600 would be inued Ouring the last year, a total of 2.200 student months of education were proft of $1,000 on revenues of $270,000 provided, 1,000 wh were for presudents and 1.200 of which were oftened under the contract with Thy Tu mok nie) School Read the Requirement Compute the feed cost per year and the variable cont per un moting the cost information from the 2012-2013 year of operations Vrate cost per studentment amount to Requirement 25.000 That in 2013 2014 Twy Tunes School created site of Mt 1000 students that is, to wadon martha). The fred contact pie ot 100.000 was sit as, Homerything else stayed an iwas n 2012-2013, what proftor is would be made in 2013-2017 Come to telow to use the profit or kun for 2013-2014 Riming the Toy Tues format of (2.810 huuthat everything we stayed to come from 2012-2013 Requirements of the bring of 2015-2016 Tiny Tunen school does not reward Moment of Medido te try to maintain view thinly private inteach ging up for monta MIME to one to make a profit of $1,000 per your own before we w MWE Weblo con to make a profet 1.000 per you Enter any number in the fields and then continue to the next question Se for Lite
