Revenues:
Music Tot School Contract	$154,500
Private students	126,500
Total revenues		$281,000
Expenses:
Administrative staff	$71,000
Teaching staff	90,000
Facilities	89,000
Supplies	25,000
Total expenses		275,000
Profit		$6,000

Requirement 1. Compute the fixed cost per year and the variable cost per student-month using the cost information from the 2012-2013 year of operations. Fixed cost per year amount to 25 Variable cost per student-month amount to $50 everything else stayed as it was in 2012-2013, what profit or loss would be made in 2013-2014? stayed the same from 20122013