u 1;] _ --._......_____..-.,,. ' . r n 2 - c t o Cengage: Digital Course Solutions & Onllne Textbooks Cengage | a Guest Ci _,... > H , , Help Homework 0 saved Conrad Coding Institute (CCI) offers online courses in coding. One of CCl's most popular courses is the introductory course that teaches basic coding skills. CCI prices this course aggressively, because of the potential for creating demand for the more advanced (and more protable) courses. The introductory coding course has the following price and cost characteristics: Tuition Variable costs (instruction, support, and so on) Fixed costs (advertising, salaries, and so on) $ 65 per student 40 per student 180,000 per year Required: a. What enrollment will enable CCl to break even? 1:. How many students will enable CCl to make an operating profit of $30,000 from the introductory coding course for the year? c. Assume that the projected enrollment for the year is 7,500 students for each of the following (considered'independently): 1. What will be the operating prot (for 7,500 students)? 2. What would be the operating prot ifthe tuition per student (that is, sales price) decreased by 20 percent? Increased by 10 percent? 3. What would be the operating prot if variable costs per student decreased by 20 percent? Increased by 10 percent? - 4. Suppose that xed costs for the year are 15 percent lower than projected. whereas variable costs per student are 15 percent higher than projected. What would be the operating prot/loss for the introductory coding course for the year? _ ., W 7 Complete this question by entering your answers in the tabs below. p-vrrcw 1.4.; c_r.;. Req A ' Req B H Req C1 J Req C2 ' Req C3 H Req C4 k What enrollment will enable CCI to break even? -