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Please use the same format. Alameda Tile sells products to many people remodeling their homes and thinks that it could profitably offer courses on tile
Please use the same format.
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) $ 500 per student 270 per student 117,300 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 $34,500 for the year? c. Assume that the projected enrollment for the year is 900 students for each of the following (considered independently): 1. What will be the operating profit (for 900 students)? 2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 7 percent? Increased by 25 percent? 3. What would be the operating profit if variable costs per student decreased by 14 percent? Increased by 18 percent? 4. Suppose that fixed costs for the year are 5 percent lower than projected, whereas variable costs per student are 9 percent higher than projected. What would be the operating profit for the year? Complete this question by entering your answers in the tabs below. Req A Req B Req C1 Reg C2 Reg C3 Req C4 What enrollment will enable Alameda Tile to break even? Break-even point students 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) $ 500 per student 270 per student 117,300 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 $34,500 for the year? C. Assume that the projected enrollment for the year is 900 students for each of the following considered independently): 1. What will be the operating profit (for 900 students)? 2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 7 percent? Increased by 25 percent? 3. What would be the operating profit if variable costs per student decreased by 14 percent? Increased by 18 percent? 4. Suppose that fixed costs for the year are 5 percent lower than projected, whereas variable costs per student are 9 percent higher than projected. What would be the operating profit for the year? Complete this question by entering your answers in the tabs below. Req A ReqB Reg C1 Req C2 Req C3 Req C4 How many students will enable Alameda Tile to make an operating profit of $34,500 for the year? Number of students 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) $ 500 per student 270 per student 117,300 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 $34,500 for the year? c. Assume that the projected enrollment for the year is 900 students for each of the following (considered independently): 1. What will be the operating profit (for 900 students)? 2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 7 percent? Increased by 25 percent? 3. What would be the operating profit if variable costs per student decreased by 14 percent? Increased by 18 percent? 4. Suppose that fixed costs for the year are 5 percent lower than projected, whereas variable costs per student are 9 percent higher than projected. What would be the operating profit for the year? Complete this question by entering your answers in the tabs below. Req A Req B Req C1 Req C2 Req C3 Req C4 Assume that the projected enrollment for the year is 900 students for the following considered independently): ci. What will be the operating profit (for 900 students)? Operating profit 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) $ 500 per student 270 per student 117,300 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 $34,500 for the year? c. Assume that the projected enrollment for the year is 900 students for each of the following (considered independently): 1. What will be the operating profit (for 900 students)? 2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 7 percent? Increased by 25 percent? 3. What would be the operating profit if variable costs per student decreased by 14 percent? Increased by 18 percent? 4. Suppose that fixed costs for the year are 5 percent lower than projected, whereas variable costs per student are 9 percent higher than projected. What would be the operating profit for the year? Complete this question by entering your answers in the tabs below. Req A Req B Reg C1 Reg C2 Req C3 Req C4 Assume that the projected enrollment for the year is 900 students for the following (considered independently): C2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 7 percent? Increased by 25 percent? (Do not round intermediate calculations.) Sales price decreased by 7 percent: Sales price increased by 25 percent: Operating profit Operating profit by by 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) $ 500 per student 270 per student 117,300 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 $34,500 for the year? C. Assume that the projected enrollment for the year is 900 students for each of the following (considered independently): 1. What will be the operating profit (for 900 students)? 2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 7 percent? Increased by 25 percent? 3. What would be the operating profit if variable costs per student decreased by 14 percent? Increased by 18 percent? 4. Suppose that fixed costs for the year are 5 percent lower than projected, whereas variable costs per student are 9 percent higher than projected. What would be the operating profit for the year? Complete this question by entering your answers in the tabs below. Req A Req B Req ci Reg C2 Reg C3 Req C4 Assume that the projected enrollment for the year is 900 students for the following considered independently): C3. What would be the operating profit if variable costs per student decreased by 14 percent? Increased by 18 percent? (Do not round intermediate calculations.) by Variable costs per student decreased by 14 percent: Variable costs per student increased by 18 percent: Operating profit Operating profit by 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) $ 500 per student 270 per student 117,300 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 $34,500 for the year? c. Assume that the projected enrollment for the year is 900 students for each of the following (considered independently): 1. What will be the operating profit (for 900 students)? 2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 7 percent? Increased by 25 percent? 3. What would be the operating profit if variable costs per student decreased by 14 percent? Increased by 18 percent? 4. Suppose that fixed costs for the year are 5 percent lower than projected, whereas variable costs per student are 9 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 Req C2 Reg C3 Reg C4 Reg C4 Assume that the projected enrollment for the year is 900 students for the following considered independently): C4. Suppose that fixed costs for the year are 5 percent lower than projected, whereas variable costs per student are 9 percent higher than projected. What would be the operating profit for the year? (Do not round intermediate calculations.) Operating profitStep by Step Solution
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