Question: Help with question C2. Conrad Coding Institute (CCI) offers online courses in coding. One of CCl's most popular courses is the Introductory course that teaches
Help with question C2.
Conrad Coding Institute (CCI) offers online courses in coding. One of CCl's most popular courses is the Introductory course that teaches basic coding skills. CCl prices this course aggressively, because of the potential for creating demand for the more advanced (and more profitable) courses. The Introductory coding course has the following price and cost characterlstics: Required: a. What enrollment will enable CCl to break even? b. How many students will enable CCI to make an operating profit of $30,000 from the Introductory coding course for the year? c. Assume that the projected enrollment for the year is 7,500 students for each of the following (considered Independently): 1. What will be the operating profit (for 7,500 students)? 2. What would be the operating profit If the tultion per student (that Is, sales price) decreased by 20 percent? Increased by 10 percent? 3. What would be the operating profit If varlable costs per student decreased by 20 percent? Increased by 10 percent? 4. Suppose that fixed costs for the year are 15 percent lower than projected, whereas varlable costs per student are 15 percent higher than projected. What would be the operating profit/loss for the Introductory coding course for the year? Complete this question by entering your answers in the tabs below. Assume that the projected enrollment for the year is 7,500 students for the following (considered independently): C2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 20 percent? Increased by 10 percent? Note: Do not round your intermediate calculations
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