Easy University started operating in Melbourne during 2018. As part of the University's operating model, it...

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Easy University started operating in Melbourne during 2018. As part of the University's operating model, it provides face to face classes at rented teaching spaces and requires students to take on a full study load (does not allow for part-time study). Each faculty at the University rents its own teaching spaces based on student enrollment numbers at the beginning of every semester. Which of the statements is true? 1. Total rent expense for teaching spaces will not change from semester to semester and is therefore a fixed cost Total rent expense for teaching spaces can change semester ser er as the numb of students change but is still considered a fixed cost Statement 1 only Statement 2 only Statement 1 and 2 only O None of the statements are correct Easy University started operating in Melbourne during 2018. As part of the University's operating model, it provides face to face classes at rented teaching spaces and requires students to take on a full study load (does not allow for part-time study). Each faculty at the University rents its own teaching spaces based on student enrollment numbers at the beginning of every semester. Which of the statements is true? 1. Total rent expense for teaching spaces will not change from semester to semester and is therefore a fixed cost Total rent expense for teaching spaces can change semester ser er as the numb of students change but is still considered a fixed cost Statement 1 only Statement 2 only Statement 1 and 2 only O None of the statements are correct

Answer rating: 100% (QA)

Answer Statement for 1 and 2 only Abbreviations used FC Fi... View the full answer