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Tuition Variable costs (instruction, support, and so on) Fixed costs (advertising, salaries, and so on) Required: a. What enrollment will enable CCI to break
Tuition Variable costs (instruction, support, and so on) Fixed costs (advertising, salaries, and so on) Required: a. What enrollment will enable CCI to break even? $85 per student 60 per student 183,600 per year b. How many students will enable CCI to make an operating profit of $31,800 from the introductory coding course for the year? c. Assume that the projected enrollment for the year is 7,572 students for each of the following (considered independently): 1. What will be the operating profit (for 7,572 students)? 2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 20 percent? Increased by 10 percent? 3. What would be the operating profit if variable costs per student decreased by 20 percent? Increased by 10 percent? 4. Suppose that fixed costs for the year are 15 percent lower than projected, whereas variable costs per student are 15 percent higher than projected. What would be the operating profit/loss for the introductory coding course for the year? Complete this question by entering your answers in the tabs below. Req A Req B Req C1 Req C2 Req C3 Req C4 Assume that the projected enrollment for the year is 7,572 students for each of the following (considered independently): C2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 20 percent? Increased by 10 percent? Note: Do not round your intermediate calculations. Sales price decreased by 20 percent: Sales price increased by 10 percent: Operating profit decreases Operating profit increases by by < Req C1 Req C3 > Show less A
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