Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Xander Studios holds a sculpting class for which it charges students $250. The costs consist of the following: Variable costs per student: Sculpting supplies $
-
Xander Studios holds a sculpting class for which it charges students $250. The costs consist of the following:
Variable costs per student: Sculpting supplies $ 100 Enrollment costs 50 Fixed costs for the course: Instructor's salary $1,000 Rental cost of the classroom 500 The break-even number of students is
a. 20
b. 12
c. 2
d. 11
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started