Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ander Studios holds a sculpting class for which it charges students $250. The costs consist of the following: Variable costs per student: Sculpting supplies $100

ander Studios holds a sculpting class for which it charges students $250. The costs consist of the following:

Variable costs per student:
Sculpting supplies $100
Enrollment costs 50
Fixed costs for the course:
Instructor's salary $1,000
Rental cost of the classroom 500

The break-even number of students is

a.12

b.11

c.2

d.20

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting For MBAs

Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally

6th Edition

161853100X, 978-1618531001

More Books

Students also viewed these Accounting questions

Question

1 Why is job analysis important?

Answered: 1 week ago