Required information (The following Information applies to the questions displayed below. Munoz Training Services (MTS) provides instruction on the use of computer software for the employees of its corporate clients. It offers courses in the clients' offices on the clients' equipment. The only major expense MTS incurs is instructor salaries; it pays Instructors $5,800 per course taught. MTS recently agreed to offer a course of instruction to the employees of Novak Incorporated at a price of $460 per student. Novak estimated that 20 students would attend the course. Base your answers on the preceding information The instructor has offered to teach the course for a percentage of tuition fees. Specifically, she wants $210 per person attending the class. Assume that the tuition fee remains at $460 per student. f. Is the cost of instruction a fixed or a variable cost? 9. Determine the profit, assuming that 20 students take the course, h. Determine the profit, assuming a 10 percent increase in enrollment (l.e. enrolment increases to 22 students). What is the percentage change in profitability? 1. Determine the profit, assuming a 10 percent decrease in enrollment lie., enrollment decreases to 18 students). What is the percentage change in profitability? Complete this question by entering your answers in the tabs below. Required Required G Required Required 1 Is the cost of instruction a fixed or a variable cost? The cost of instruction is a Requiredo > Required information [The following information applies to the questions displayed below.) Munoz Training Services (MTS) provides instruction on the use of computer software for the employees of its corporate clients. It offers courses in the clients' offices on the clients' equipment. The only major expense MTS incurs is instructor salaries; it pays instructors $5,800 per course taught. MTS recently agreed to offer a course of instruction to the employees of Novak Incorporated at a price of $460 per student. Novak estimated that 20 students would attend the course Base your answers on the preceding information. The instructor has offered to teach the course for a percentage of tuition fees. Specifically, she wants $210 per person attending th class. Assume that the tuition fee remains at $460 per student. f. Is the cost of instruction a fixed or a variable cost? g. Determine the profit, assuming that 20 students take the course. h. Determine the profit, assuming a 10 percent increase in enrollment fi.e., enrollment increases to 22 students). What is the percentage change in profitability? i. Determine the profit, assuming a 10 percent decrease in enrollment (.e, enrollment decreases to 18 students). What is the percentage change in profitability? Complete this question by entering your answers in the tabs below. Required F Requiid G Required Required Determine the profit, assuming that 20 students take the course. Profit Complete this question by entering your answers in Required F Required G Required I Required I Determine the profit, assuming a 10 percent increase in enro percentage change in profitability? Profit Change in profitability % percentage change in profitability? i. Determine the profit, assuming a 10 percent decrease in enrollment (i.e., e percentage change in profitability? Complete this question by entering your answers in the tabs below. Required F Required G Required H Requied I Determine the profit, assuming a 10 percent decrease in enrollment (i.e., enroll percentage change in profitability? (Negative amount should be indicated with a Profit Change in profitability %
