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You run a school in Florida. Fixed monthly cost is $5,227.00 for rent and utilities, $6,409.00 is spent in salaries and
Posted: Thu Jun 30, 2022 9:35 pm
by answerhappygod
- You Run A School In Florida Fixed Monthly Cost Is 5 227 00 For Rent And Utilities 6 409 00 Is Spent In Salaries And 1 (26.92 KiB) Viewed 36 times
You run a school in Florida. Fixed monthly cost is $5,227.00 for rent and utilities, $6,409.00 is spent in salaries and $1,417.00 in insurance. Also every student adds up to $96.00 per month in stationary, food etc. You charge $674.00 per month from every student now. You are considering moving the school to another neighborhood where the rent and utilities will increase to $11,734.00, salaries to $6,294.00 and insurance to $2,016.00 per month. Variable cost per student will increase up to $191.00 per month. However you can charge $1,034.00 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: 0 decimal places.