Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Required information [The following information applies to the questions displayed below.] Campbell Training Services (CTS) provides instruction on the use of computer software for the

image text in transcribedimage text in transcribed
Required information [The following information applies to the questions displayed below.] Campbell Training Services (CTS) 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 CTS incurs is instructor salaries; it pays instructors $5,600 per course taught. CTS recently agreed to offer a course of instruction to the employees of Novak Incorporated at a price of $490 per student. Novak estimated that 20 students would attend the course. Base your answers on the preceding information. CTS sells a custom wood plaque to students who complete the training course. Due to the custom nature of these plaques, CTS has to produce them in advance based on the estimated number of students to be enrolled in the course. Any plaques made for students who do not end up completing the course will be discarded. Prior to the first class, CTS pre-ordered 20 plaques based on the client's estimate of the number of people who would attend the course. CTS will only have 20 plaques to offer students regardless of whether enrollment is below or above expectations due to them having to be made in advance of the course. Each plaque costs $34 and is sold to students who complete the course for $48. k. Calculate the cost of plaques in total and per unit, assuming that 17, 20, or 22 students complete the course. I. Classify the total cost of plaques as fixed or variable relative to the number of students attendina the course.(x) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required K Required L Calculate the cost of plaques in total and per unit, assuming that 17, 20, or 22 students complete the course. Note: Round "Cost per unit" answers to 2 decimal places. Number of Students Completing the Course 17 20 22 Total cost of plaques 680 $ 680 ~ $ 680 Cost per unit 40.00 34.00 30.91 X K Required L >

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

A Short Course In Automorphic Functions

Authors: Joseph Lehner

1st Edition

0486799921, 9780486799926

More Books

Students also viewed these Mathematics questions

Question

How are values illustrated in the case?

Answered: 1 week ago

Question

Describe S. Truett Cathys self-concept and self-efficacy.

Answered: 1 week ago