HW 3 Saved Help Save & Exit Submit Check my work 2 Conrad Coding Institute (CCI) offers online courses in coding. One of CCI's most popular courses is the introductory course that teaches basic coding skills. CCI 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 characteristics. 25 points Tuition $ 38 per student Variable costs (instruction, support, and su an) 65 per student Fixed costs (advertising, salaries, and so nn) 183, 800 per year eBook Required: References a. What enrollment will enable CCI to break even? b. How many students will enable CCI to make an operating profit of $31,900 from the introductory coding course for the year? c. Assume that the projected enrollment for the year is 7,576 students for each of the following (considered independently). 1. What will be the operating profit (for 7576 students)? 2. What would be the operating profit if the turtion per student (that is, sales price) decreased by 20 percent? Increased by 10 percent? 3. What would be the operating profit if variable 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 variable 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. Rey A Reg CI Rey C2 Req C3 Req C4 Mc Graw 2 of 4 Next >