Cashback Offer from 10th to 25th February 2021. Get Flat 20% Cashback credited to your account for a minimum transaction of $80. Post Your Question Today!

Question DetailsNormal
$ 15.00

A couple of entrepreneurial business students at state university decided to put their education

Question posted by
Online Tutor Profile
request

A couple of entrepreneurial business students at state university decided to put their education into practice by developing a tutoring company for business students. while private tutoring was offered, it was determined that group tutoring before tests in the large statistics classes would be most beneficial. the student rented a room close to campus for $300 for 3 hours. they developed handouts based on past tests, and these handouts (including color graphs) cost 5 each. the tutoring session.


(a) if student are charged $20 to attend the session, how many students must enroll for the company to break even?

(b) A somewhat smaller room is available for 200$ for 3 hours. the company is considering this possibility. How would this affect the break-even points?

 


Zoe Garcia is the manager of a small office support business that supplies copying, binding, and other support business that supplies copying , binding, and other services for local companies. Zoe must replace a worn-out copy machine that is used for black and white copying. Tow machines are being considered, and each of these has monthly lease cost plus a cost for each page that is copied, Machine I has monthly lease cost of $600, and there is a cost of $0.010 per page copied. Customers are charged $0.05 per page for copies.


(a) What is the break-even point for each machine?

(b) If Zoe expects to make 10,000 copies per month, what would be the cost for each machine?

(c) If Zoe expects to make 30,000 per month, what would be the cost for each machine?

(d) At what volume be (the number of copies) would the two machines have the same monthly cost? What would the total revenue for this number of copies?

Available Answer
$ 15.00

[Solved] A couple of entrepreneurial business students at state university decided to put their education

  • This solution is not purchased yet.
  • Submitted On 03 Sep, 2017 03:58:41
Answer posted by
Online Tutor Profile
solution
QUSTION 1 (a) Cost of the room...
Buy now to view the complete solution
Other Similar Questions
User Profile
Beam7...

Problem 16-13 (Algorithmic) The wedding date for a couple is quickly approaching

Please see attached Thank you!............................
User Profile
bhuvs...

A couple of entrepreneurial busi-ness students at State University decided tutoring company

(a) Cost of the room is $ 300 for 3 hours Tutoring cost $ 25 per hour $ 75 for 3 hours Total cost .............................. The cost of machine 2 is $850 d) Let the volume of copies be x 0.010x + 600 = 0.015x + ...
User Profile
Tutor...

A couple of entrepreneurial business students at state university decided to put their education

QUSTION 1 (a) Cost of the room is $ 300 for 3 hours Tutoring cost $ 25 per hour $ 75 for 3 hours Total cost $300+$75 =... ...

The benefits of buying study notes from CourseMerit

homeworkhelptime
Assurance Of Timely Delivery
We value your patience, and to ensure you always receive your homework help within the promised time, our dedicated team of tutors begins their work as soon as the request arrives.
tutoring
Best Price In The Market
All the services that are available on our page cost only a nominal amount of money. In fact, the prices are lower than the industry standards. You can always expect value for money from us.
tutorsupport
Uninterrupted 24/7 Support
Our customer support wing remains online 24x7 to provide you seamless assistance. Also, when you post a query or a request here, you can expect an immediate response from our side.
closebutton

$ 629.35