Question: Problem 1 1 - 2 6 A ( Algo ) Effects of fixed and variable cost behavior on the risk and rewards of business opportunities
Problem A Algo Effects of fixed and variable cost behavior on the risk and rewards of business opportunities LO
Kenton and Denton Universities offer executive training courses to corporate cllents. Kenton pays its Instructors $ per course taught. Denton pays its instructors $ per student enrolled in the class. Both universities charge executives a $ tultion fee per course attended..
Required
o Prepare income statements for Kenton and Denton, assuming that students attend a course.
b Kenton UnIversity embarks on a strategy to entice students from Denton University by lowerIng Its tultion to $ per course. Prepare an Income statement for Kenton, assuming that the university is successful and enrolls students in its course.
c Denton UnIversity embarks on a strategy to entice students from Kenton University by lowering its tuition to $ per course Prepare an income statement for Denton, assuming that the university is successful and enrolls students in its course.
e Prepare Income statements for Kenton and Denton Universities, assuming that students attend a course, and assuming that both universities charge executives a $ tultion fee per course attended.
Complete this question by entering your answers in the tabs below.
Required A
Required
Prepare income statements for Kenton and Denton, assuming that students attend a course.
tableUniversityKenton,DentonTuition revenue,,Total cost of instruction,,Net income loss$$
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