Answer:
2,575,0000
Explanation:
The Fixed cost will remain fixed i.e : $12500000.
The variable cost is $1000 per student and the projected enrollment is 1500 students, hence the total variable cost is: 1000*1500 = $1500000.
The tuition fee is $8000 per student and projected enrollment is 1500 students, hence the total tuition fee will be: 8000*1500 = $12000000.
Hence the total cost is : 12500000+1500000+12000000 = 26000000.
The College received grants equalled to = 250000.
Hence the required amount is = 26000000-250000 = 25750000.
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Answer:
..............................................................
Answer:
1. 0.5
2. $360,000
3. $25,500
Explanation:
The BEP which is the break even point is the point where the company's sales or revenue generated is equal to the cost incurred. As such, the BEP is the number of units that must be sold for the company to make neither a profit nor a loss.
Both sales and variable cost are dependent on the number of units sold.
The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.
CM Ratio
= 1500000/3000000
= 0.5
Break even point in $ = Fixed cost/ CM ratio
= $180,000/0.5
= $360,000
If the sales increase, the variable cost will also increase as both are dependent on the level of activity.
If sales increases by $51,000, number of units sold
= $51,000/$120
= 425
Increase in variable expense
= 425 * $60
= $25,500
Increase in net operating income
= $51,000 - $25,500
= $25,500
The decision that a mediator reaches during settlement talks is non-binding.
Answer:
Air Transportation
Explanation:
Based on the scenario being described within the question it can be said that the best possible mode of transportation for this product would be Air Transportation. This is because air transportation provides the safest and fastest form of transportation for products. Since there are no differences in terrain which may cause "bumps" it is likelier that the product will arrive completely undamaged, and also faster than any other form of transportation.