Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTION 1 HoneyBeeSweet Tuition Centre is owned by Miss Jelita. She started her business in the middle of 2022. The average number of students per
QUESTION 1 HoneyBeeSweet Tuition Centre is owned by Miss Jelita. She started her business in the middle of 2022. The average number of students per month is 70 . The business charged RM220 per student per month. There are three (3) teaching staffs and one (1) administration staff. The owner acts as a manager and is paid RM2,500 per month. The others related cost for December 2022 is shown below. Required: a. Calculate the following cost for December 2022. i. Total variable cost ii. Total fixed cost (8 marks) b. Calculate the cost per student and the profit per student for the month of December 2022. (2 marks) (Total: 10 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started