Question
You run a school in Florida. Fixed monthly cost is $5,263.00 for rent and utilities, $5,569.00 is spent in salaries and $1,135.00 in insurance. Also
You run a school in Florida. Fixed monthly cost is $5,263.00 for rent and utilities, $5,569.00 is spent in salaries and $1,135.00 in insurance. Also every student adds up to $96.00 per month in stationary, food etc. You charge $687.00 per month from every student now.
You are considering moving the school to another neighborhood where the rent and utilities will increase to $10,802.00, salaries to $6,999.00 and insurance to $2,100.00 per month. Variable cost per student will increase up to $155.00 per month. However you can charge $1,190.00 per student.
How much do you currently charge per student?
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