Question: Business analysis please answer this question. You run a school in Florida. Fixed monthly cost is $5,526.00 for rent and utilities, $5,723.00 is spent in

Business analysis

please answer this question.

You run a school in Florida. Fixed monthly cost is $5,526.00 for rent and utilities, $5,723.00 is spent in salaries and $1,566.00 in insurance. Also every student adds up to $98.00 per month in stationary, food etc. You charge $653.00 per month from every student now.

You are considering moving the school to another neighborhood where the rent and utilities will increase to $10,331.00, salaries to $6,072.00 and insurance to $2,440.00 per month. Variable cost per student will increase up to $150.00 per month. However you can charge $1,183.00 per student. At what point will you be indifferent between your current mode of operation and the new option?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

1. You run a school in Florida. Fixed monthly cost is $5,044.00 for rent and utilities, $6,352.00 is spent in salaries and $1,547.00 in insurance. Also every student adds up to $100.00 per month in...

i need help and expanation step by step please A Restaurant is open only for 25 days in a month. Expenses for the restaurant include raw material for each sandwich at $4.00 per slice, $1,209.00 as...

i need help please with all these questions step by step #9 A Restaurant is open only for 25 days in a month. Expenses for the restaurant include raw material for each sandwich at $4.00 per slice,...

1. You run a school in Florida. Fixed monthly cost is $5,522.00 for rent and utilities, $6,211.00 is spent in salaries and $1,413.00 in insurance. Also every student adds up to $98.00 per month in...

You run a school in Florida Fixed monthly cost is $5,086.00 for rent and utilities, $5,610.00 is spent in salaries and $1,742.00 in insurance. Also every student adds up to $97.00 per month in...

I keep reposting these and I keep getting them answred wrong. can someone please help! You run a school in Florida. Fixed monthly cost is $5,331.00 for rent and utilities, $6,051.00 is spent in...

You run a school in Florida. Fixed monthly cost is $5,308.00 for rent and utilities, $6,464.00 is spent in salaries and $1,540.00 in insurance. Also every student adds up to $100.00 per month in...

#12 unanswered not_submitted Attempts Remaining: 2 You run a school in Florida. Fixed monthly cost is $5,710.00 for rent and utilities, $6,055.00 is spent in salaries and $1,256.00 in insurance. Also...

please and please help me A restauiant prepares 200.00 pizza sices and sells them at a rate of $13.00 slice, Expentes for the restaurant include taw material for pizza in $4.00 per skee, $114.00 for...

1. For a table manufacturing company, selling price for a table is $215.00 per Unit, Variable cost is $21.00 per Unit, rent is $3,815.00 per month and insurance is $216.00 per month. Business wants...

Company K wants to determine a replacement policy that minimizes the net costs of owning and operating a machine for the next 6 years (years 1-7). The cost to purchase a new machine is $10,000; the...

A machine was purchased for $37,000 and depreciated for five years on a straight-line basis under the assumption it would have a ten-year life and a $1,000 salvage value. At the beginning of the...

Aspen Falls City Surplus Materials Auction Date Number of Items Provincial Tax Total Quantity of Items Item Quantity Category Type Sold? Price * TAX ( 5 % ) Total Price INSTRUCTIONS 2 0 0 8 Four Door...

A car wash services 2 0 0 customers in a 4 - hour span on a lovely Saturday afternoon. The car wash employs 5 washers at $ 6 per hour. An appropriate measure of productivity is

OUTCOME 4 Identify the major provisions of the laws and regulations affecting compensation.

3. Tommy Callahan Jr. recently graduated from college after seven years and returned home. His father, Big Tom Callahan, the owner of Callahan Motors, offers Tommy a job in the auto parts factory...

OUTCOME 1 Distinguish a strategic compensation program from one that is nonstrategic.