Answered step by step
Verified Expert Solution
Link Copied!

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 $100

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 costs50
Fixed costs for the course:
Instructor's salary$1,000
Rental cost of the classroom500

The break-even number of students is ?

Step by Step Solution

3.37 Rating (166 Votes )

There are 3 Steps involved in it

Step: 1

Break even units Unit con... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial and Managerial Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

12th edition

978-1133952428, 1285078578, 1133952429, 978-1285078571

More Books

Students also viewed these Accounting questions

Question

What are administrative agencies?

Answered: 1 week ago