Question: Please answer the following question. include any explantion necessary please #7 Speed School charges $250 per student to prepare and administer written and driving tests.
#7 Speed School charges $250 per student to prepare and administer written and driving tests. Variable costs are $100 per student which includes trainer wages, study material and gasoline. Fixed costs are a total of $75,000 for the upkeep of the company. How many students does Speed School need in order to breakeven? Did you use the contribution per unit or contribution ratio approach
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