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show work, not excel #94 You run a school in Florida. Fixed monthly cost is $6000 for rent and utilities, $5000 is spent in salaries
show work, not excel #94 You run a school in Florida. Fixed monthly cost is $6000 for rent and utilities, $5000 is spent in salaries and $1000 in insurance. Also every student adds up to $90 per month in stationary, food etc. You charge $700 per month from every student now. You are considering moving the school to another neighborhood where the rent and utilities will increase to $10000, salaries to $6000 and insurance to $2000 per month. Variable cost per student will increase up to $150 per month. However you can charge $1000 per student. At what point will you be indifferent between your current mode of operation and the new option? a) 30 b) 20 c) 25 d) 40
show work, not excel
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