Question: Question 1 2 ( 1 0 points ) The county department of economic development has decided to offer a job training program that will provide
Question points
The county department of economic development has decided to offer a job training program that will provide instruction in bookkeeping skills.
They have already secured
a grant from the state for $ to support the program throughout its first year,a $ loan from a local bank charging an annual interest rate of
They plan to use the entire proceeds of the loan to purchase computers, which have a useful life of years and no salvage value.
The program will last weeks each year, and they expect to charge participants $ for the entire program.
The county plans to hire an administrator to run the program, with an annual salary of $ plus an additional of salary in benefits.
Providing teaching materials will cost $ per participant per week.
Note: Round your answers to TWO decimal places. You can include symbols $ or commas in your answers.
A How many people must sign up for the program in order for it to break even?Blank
B How many people must sign up if the target profit is $ per week?Blank
C Total fixed costs per week are: $Blank
D Increase in which of the following variables would result in your answer to part A increasing?
Variable Revenue
Variable Cost
Fixed Revenue
Write the WHOLE number corresponding to the correct option eg or or Blank
Question options:
Blank # Blank # Blank # Blank #
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