Compute the breakeven point

Assignment Help Mathematics

Reference no: EM13195623

Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft
Excel in statistical analysis. The projected fee for the seminar is $300 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800. Micromedia rents computers for its seminars at a cost of $30 per computer per day.

a. Develop a model for the total profit if x students enroll in the seminar.

b. Micromedia has forecasted an enrollment of 30 students for the seminar. How much
profit will be earned if their forecast is accurate?

c. Compute the breakeven point.

Reference no: EM13195623

Questions Cloud

Evaluate the weighted average cost of capital : One thousand bonds were issued five years ago at a coupon rate of 11%. They had 20-year terms and $1,000 face values. They are now selling to yield 9%. The tax rate is 37%

Write as a percent to the nearest tenth : Eighty percent of all California drivers wear seat belts. If three drivers are pulled over, what is the probability that all would be wearing their seat belts? Write as a percent to the nearest tenth.

How many inches does each side measure : The sum of all of the sides of a stop sign is 96 inches. A stop sign is an octagon with all sides equal. How many inches does each side measure?

Find the longest of the real-life distances : A triangle drawn on a map has sides of lengths 9.0 cm, 10 cm, and 15 cm. The shortest of the corresponding real-life distances is 93 km. Find the longest of the real-life distances. If necessary, round your answer to the nearest unit.

Compute the breakeven point : Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting.

What dimensions will maximize the total area of the pen : Suppose that you have 500m of fencing with which to build four adjacent rectangular corrals. What dimensions will maximize the total area of the pen?

Write an algebraic expression : In your industrial oven, you bake two baking sheets with 15 scones each, two baking sheets with 14 cookies each, and one baking sheet with 8 scones and 12 cookies.

Rmine for what value of the ball reaches maximum height : Determine for what value of the ball reaches the maximum height and determine this maximum height.

How much will it cost to build a 90-foot tower : A person hired a firm to build a CB radio tower.The firm charges $100 for labor for the first 10 feet. After that, the cost of the labor for each succeeding 10 feet is $25 more than the preceding 10 feet. That is, the next 10 feet will cost $125, ..

User Account

All Pages