Reference no: EM132592389
Your company is an on-going concern that provides month-long training for various job classifications in electronics assembly, welding, and home electrical repair. The demand is highly seasonal, and you are trying to decide whether to shut down one of your three courses in August. Presently you have only 12 students enrolled in the welding course at $900; the other two are full (30 enrolled at $900). The cost structure of your training center is below:
Air conditioning and lighting: $900/month Instructor (one per course): $8,400/course
Snacks and drinks: $340/course School-wide placement officer: $4,000/month
Certification manuals: $260/student Temporary admin staff: $1,600/course
Personal professional certificate fee: $140 Building rent: $3,600 month
a) Which of the above expenses are variable costs?
b) What is the break-point number of customers below which you should shut down? Should you operate or shutdown? Show your work.
Explain a stretching routine for work environment
: Explain a stretching routine for your work environment. As you consider your routine, keep in mind the specific individuals within your work environment
|
Discuss a comparison of the short-run and long-run profits
: Graph and discuss a comparison of the short-run and long-run profits, price, quantity, MR and MC of a Monopoly and a PC firm. Which type of firm is more efficie
|
Enjoin merger between worldcom and sprint corporation
: Summarize Justice Department Seeks to Enjoin Merger Between WorldCom and Sprint Corporation
|
Type of time value of money calculation
: You can afford to make monthly payments of a certain amount for three years, and you want to know how much you can borrow based on this payment amount.
|
Which of the above expenses are variable costs
: Your company is an on-going concern that provides month-long training for various job classifications in electronics assembly, welding, and home electrical repa
|
Five paths to cost cutting
: Identify each fact situation with one of the five paths to cost cutting: technical efficiency (TE), input mix efficiency (IME), scale economies (SE), volume dis
|
Great recession of 2008
: During the Great Recession of 2008, there was an intentional increase in the federal government budget deficit (that concurrently led to an increase in debt).
|
Importance of ethical and professional standards
: Effectively communicate and demonstrate understanding of the importance of ethical and professional standards in own career and professional future
|
Types of visual communication
: Discuss one of the four types of visual communication: idea illustration, idea generation, visual discovery, and everyday dataviz from Berinato's 2016 article.
|