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Waterway Journeys Music School provides private music lessons for elementary students. Its operating costs are as follows: Rent on facilities $ 2 , 2 8
Waterway Journeys Music School provides private music lessons for elementary students. Its operating costs are as follows:
Rent on facilities $ per month
Advertising
$ per month
Instrument Rent
$ per month
Teaching Instruction
Books
$ perstudent
Other Costs
$ per student
$ perstudent
Waterway Journeys charges $ per student per month.
a
Your answer is correct.
Determine the company's breakeven point in number of students taught per month and dollars.
Break even in number of students taught per month students
Break even in dollars
$
eTextbook and Media
Attempts: of used
b
Waterway Journeys has just received notice that the rent on their facilities will be increasing by $ per month and the instrument rent will also be increasing $ per month. Determine the company's breakeven point in the number of students taught per month based on the new information. Determine the amount to charge per student assuming that Waterway Journeys does not increase the number of students taught. If Waterway Journeys does not want to increase their fees, how many additional students will they need to attract? Round amount to charge per student to decimal places, eg
Break even in number of students taught per month students
Amount to charge per student
Additional number of students students
eTextbook and Media
Attempts: of used
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