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You run a school in Florida. Fixed monthly cost is $ 5 , 1 4 8 . 0 0 for rent and utilities, $ 6

You run a school in Florida. Fixed monthly cost is $5,148.00 for rent and utilities, $6,138.00 is spent in salaries and $1,733.00 in insurance. Also every student adds up to $90.00 per month in stationary, food etc. You charge $621.00 per month from every student now.
You are considering moving the school to another neighborhood where the rent and utilities will increase to $10,605.00, salaries to $6,044.00 and insurance to $2,361.00 per month. Variable cost per student will increase up to $187.00 per month. However you can charge $1,169.00 per student. At what point will you be indifferent between your current mode of operation and the new option?

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