Required information [The following information applies to the questions displayed below.) Vernon Training Services (VTS) provides instruction on the use of computer software for the employees of its clients. It offers courses in the clients' offices on the clients' equipment. The only major expense VTS incurs is salaries; it pays instructors $5,400 per course taught. VTS recently agreed to offer a course of instruction to th employees of Novak Incorporated at a price of $430 per student. Novak estimated that 20 students would atte course. Base your answers on the preceding information. Required Relative to the number of students in a single course, is the cost of instruction a fixed or a variable cost? Determine the profit, assuming that 20 students attend the course. Determine the profit, assuming a 10 percent increase in enrollment (i.e., enrollment increases to 22 students). What is percentage change in profitability? 1. Determine the profit, assuming a 10 percent decrease in enrollment (i.e., enrollment decreases to 18 students). What is percentage change in profitability? Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Relative to the number of students in a single course, is the cost of instruction a fixed or a The cost of instruction is a ere to search Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Determine the profit, assuming a 10 percent decrease in enrollment (i.e., enrollment decreases to 18 students). V percentage change in profitability? (Round your percentage answer to 2 decimal places. Negative amount should b with a minus sign.) Profit Change in profitability Required C Bogus ere to search Required information [The following information applies to the questions displayed below.) Vernon Training Services (VTS) provides instruction on the use of computer software for the employees of its clients. It offers courses in the clients' offices on the clients' equipment. The only major expense VTS incurs is salaries; it pays instructors $5,400 per course taught. VTS recently agreed to offer a course of instruction to th employees of Novak Incorporated at a price of $430 per student. Novak estimated that 20 students would atte course. Base your answers on the preceding information. Required Relative to the number of students in a single course, is the cost of instruction a fixed or a variable cost? Determine the profit, assuming that 20 students attend the course. Determine the profit, assuming a 10 percent increase in enrollment (i.e., enrollment increases to 22 students). What is percentage change in profitability? 1. Determine the profit, assuming a 10 percent decrease in enrollment (i.e., enrollment decreases to 18 students). What is percentage change in profitability? Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Relative to the number of students in a single course, is the cost of instruction a fixed or a The cost of instruction is a ere to search Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Determine the profit, assuming a 10 percent decrease in enrollment (i.e., enrollment decreases to 18 students). V percentage change in profitability? (Round your percentage answer to 2 decimal places. Negative amount should b with a minus sign.) Profit Change in profitability Required C Bogus ere to search
