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Current Attempt in Progress Joyful Journeys Music School provides private music lessons for elementary students. Its operating costs are as follows: Rent on facilities $2,010
Current Attempt in Progress Joyful Journeys Music School provides private music lessons for elementary students. Its operating costs are as follows: Rent on facilities $2,010 per month Advertising $534 per month Instrument Rent $750 per month Teaching Instruction $38 per student Books $5 per student Other Costs $3 per student Joyful Journeys charges $100 per student per month. Determine the company's break-even point in (1) number of students taught per month and (2) dollars. (1) Break even in number of students taught per month (2) Break even in dollars eTextbook and Media Joyful Journeys has just received notice that the rent on their facilities will be increasing by $628 per month and the instrument rent will also be increasing $20 per month. (1) Determine the company's 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 Joyful Journeys does not increase the number of students taught. (Round amount to charge per student to 2 decimal places, e.g. 15.25.) (1) Break even in number of students taught per month (2) Amount to charge per student eTextbook and Media
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