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Bramble Journeys Music School provides private music lessons for elementary students. Its operating costs are as follows: Rent on facilities $1,980 per month Advertising $945

Bramble Journeys Music School provides private music lessons for elementary students. Its operating costs are as follows:

Rent on facilities $1,980 per month
Advertising $945 per month
Instrument Rent $760 per month
Teaching Instruction $37 per student
Books $5 per student
Other Costs $3 per student

Bramble Journeys charges $100 per student per month.

(a)

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Your answer is incorrect.

Determine the companys break-even point in (1) number of students taught per month and (2) dollars.

(1)

Break even in number of students taught per month

enter a number of students students

(2)

Break even in dollars

$enter a dollar amount

Bramble Journeys has just received notice that the rent on their facilities will be increasing by $474 per month and the instrument rent will also be increasing $21 per month. (1) Determine the companys break-even point in the number of students taught per month based on the new information. (2) Determine the amount to charge per student assuming that Bramble Journeys does not increase the number of students taught. If Bramble Journeys does not want to increase their fees, how many additional students will they need to attract? (Round amount to charge per student to 2 decimal places, e.g. 15.25.)

(1)

Break even in number of students taught per month

enter a number of students students

(2)

Amount to charge per student

$enter a dollar amount rounded to 2 decimal places

Additional number of students

enter a doll students

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