Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 6 of 20 The manager of an e-learning company identified a new course that they could create and sell for $100 per student. The

image text in transcribed

image text in transcribed

Question 6 of 20 The manager of an e-learning company identified a new course that they could create and sell for $100 per student. The costs for adding this new course to their product offering would be: $1,500 per month to lease additional space, $350 per month for insurance, $4,600 per month for support staff, $3,600 per month for sales staff, and variable costs of $3 per student. They can sell to a maximum of 450 students per month. a. For the company to break even per month, how many students would have to purchase the course? > a. For the company to break even per month, how many students would have to purchase the course? Round up to the next whole number b. If they made a profit of $34,100 last month, how many students purchased the course? Round up to the next whole number

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions

Question

Name is needed for identifying organisms ?

Answered: 1 week ago

Question

Q.1. Taxonomic classification of peafowl, Tiger and cow ?

Answered: 1 week ago