Question: show work, not excel #76 You run a school in Florida. Fixed monthly cost is $5,329.00 for rent and utilities, $5,537.00 is spent in salaries
#76 You run a school in Florida. Fixed monthly cost is $5,329.00 for rent and utilities, $5,537.00 is spent in salaries and $1,733.00 in insurance. Also every student adds up to $95.00 per month in stationary, food etc. You charge $730.00 per month from every student now. You are considering moving the school to another neighborhood where the rent and utilities will increase to $10,996.00, salaries to $6,923.00 and insurance to $2,185.00 per month. Variable cost per student will increase up to $177.00 per month. However you can charge $1,008.00 per student. At what point will you be indifferent between your current mode of operation and the new option? Submit Answer format: Number: Round to: O decimal places
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