Calaulator Problem 1-13 Micromedia offers computer training seminars on a variet
ID: 1132848 • Letter: C
Question
Calaulator Problem 1-13 Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer Instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft student. The cost for the conference room, instructor compensation, lab assistants, of $120 per computer per day Excel in statistical analysis. The projected fee for the seminar is $600 per . Micromedia rents computers for its seminars at a cost is currently planning a two-day seminar on the and promotion is $9600 per 2 days a. Develop a model for the total cost to put on the seminar. Let x represent the number of students who enroll in the seminar. Round your answers to the nearest whole number. For subtractive or negative number use a minus sign even if there is a + sign before the blank. (Example: -300) Total cost 9600 + 240 -X b. Develop a model for the total profit if x students enroll in the seminar. Round your answers to the nearest whole number. For subtractive or negative number use a minus sign even if there is a + sign before the blank. (Example: -300) Total profit-( 360)."( 4800)x C. Micromedia has forecasted an enrollment of 30 students for the seminar. How much profit will be earned if their forecast is accurate? Round your answer to the nearest dollar Total profit- d. Compute the breakeven point. Round your answer to the nearest whole number The breakeven point is students Partially comect Check My Work Previous Email Instructor Save and Exit Submit Assignment for GradingExplanation / Answer
Answer:- fees = $600 per student
cost 9600 per two days, computer cost per day = $120
(a) Total Cost = 9600 + 240 X
(b) Profit = 600 X -9600-240X
(c) Profit = 600(30) - 9600- 240(30)
= 18000 - 9600- 7200
Total Profit = $1200
(d) Breakeven point in Units = Fixed cost/ Contribution Margin per unit
= 9600/ 360 = 27 (approx)
=