Question: Problem 1 - 1 3 Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer,

Problem 1-13
Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The projected fee for the seminar is $600 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day.
Develop a model for the total cost to put on the seminar. Let x represent the number of students who enroll in the seminar.
Model for total cost = fill in the blank 1
+ fill in the blank 2
x
Develop a model for the total profit if x students enroll in the seminar. For subtractive or negative number use a minus sign even if there is a + sign before the blank. (Example: -300)
Model for total profit = fill in the blank 3
x + fill in the blank 4
Micromedia has forecasted an enrollment of 30 students for the seminar. How much profit will be earned if its forecast is accurate?
Profit = $ fill in the blank 5
Compute the breakeven point.
Breakeven point = fill in the blank 6
students

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