Question

Administrators at a university will charge students $175 to attend freshman orientation. It costs $6400 to reserve a room, hire extra security, and bring in a moonwalk. Assume it costs $15 per student for the administrators to provide the course materials. How many students would have to register for orientation for the university to break even?

Answer 1

Answer:

the number of students to register for break even is 40 students

Explanation:

The computation of the number of students to register for break even is as follows

Let us assume the break even point be X,

Now as we know that

At break even

Total Expense = Total Revenue

$6,400 + $15 × X = $175 × X

160 × X = $6,400

So,

X = $6,400 ÷ 160

= 40 students

hence, the number of students to register for break even is 40 students