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May I have some help with this please? Alameda Tile sells products to many people remodeling their homes and thinks that it could profitably offer
May I have some help with this please?
Alameda Tile sells products to many people remodeling their homes and thinks that it could profitably offer courses on tile Installation, which might also increase the demand for its products. The basic Installation course has the following (tentative) price and cost characteristics. $ Tuition Variable costs (tiles, supplies, and so on) Fixed costs (advertising, salaries, and so on) 360 per student 210 per student 81,000 per year Required: a. What enrollment will enable Alameda Tile to break even? b. How many students will enable Alameda Tile to make an operating profit of $19,500 for the year? c. Assume that the projected enrollment for the year is 880 students for each of the following considered Independently): 1. What will be the operating profit (for 880 students)? 2. What would be the operating profit of the tuition per student that is, sales price) decreased by 8 percent? creased by 20 percent? 3. What would be the operating profit if variable costs per student decreased by 11 percent? Increased by 17 percent? 4. Suppose that fixed costs for the year are 6 percent lower than projected, whereas variable costs per student are 8 percent higher than projected. What would be the operating profit for the year? Complete this question by entering your answers in the tabs below. Reg A Req B Req c1 Reg C2 Reg C3 Reg C4 Assume that the projected enrollment for the year is 880 students for the following considered independently): C1. What will be the operating profit (for 880 students)? Operating profitStep by Step Solution
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