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Ex4Funds Pty Ltd runs excursions for school children during their school holiday. It specialises on day trips. Students are transported by bus to the destination.
Ex4Funds Pty Ltd runs excursions for school children during their school holiday. It specialises on day trips. Students are transported by bus to the destination. Each bus, each trip can accommodate 20 students maximum. The following is the cost information: Transportation cost (bus), including driver $2,000 per trip Staff wage (trip leader) $300 per trip Variable cost per unit (food per student) $20 Variable cost: Activities (per student) $50 Variable cost: Insurance (per head) $25 Assuming a maximum number of 20 students. To generate a desired profit of $2,000 per trip, the ticket price charged to each student would be: Select one: F a.$219.75 b.$4,395 c.$6,200 d.$310 '3'3") Ex4Funds Pty Ltd runs excursions for school children during their school holiday. It specialises on day trips. Students are transported by bus to the destination. Each bus, each trip can accommodate 20 students maximum. The following is the cost information: Transportation cost (bus), including driver $2,000 per trip Staff wage (trip leader) $300 per trip Variable cost per unit (food per student) $20 Variable cost: Activities (per student) $50 Variable cost: Insurance (per head) $25 Assumingmat this trip has only' 10 students. The business still wants to make a profit of $2,000 per trip. How much should they charge each student if they want to make this level of profit? \" a.$5,250 F b.$4,395 '\" c.3525 \" d.$439.5o
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