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You run a school in Florida. Fixed monthly cost is $5,308.00 for rent and utilities, $6,464.00 is spent in salaries and $1,540.00 in insurance. Also
You run a school in Florida. Fixed monthly cost is $5,308.00 for rent and utilities, $6,464.00 is spent in salaries and $1,540.00 in insurance. Also every student adds up to $100.00 per month in stationary, food etc. You charge $704.00 per month from every student now. You are considering moving the school to another neighborhood where the rent and utilities will increase to $11,551.00, salaries to $6,829.00 and insurance to $2,330.00 per month. Variable cost per student will increase up to $160. per month. However you can charge $1 136.00 per student. At what point will you be indifferent between your current mode of operation and the new option? Submit Answer format: Number: Round to. O decimal places
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