Micromedia offers computer training seminars on a variety of topics. In the semi

Question

Micromedia offers computer training seminars on a variety of topics. In the seminars, each student works at a PC, practising the skill that the instructor has presented. Micromedia is planning a two-day seminar on the use of Microsoft Excel for BQUA2812. The projected fee for the seminar is $300 per student. The cost of the conference room, instructor compensation, lab assistants and promotion is $4800. Micromedia rents computers for its seminars at a cost of $30 per day. Let x be the number of students who enroll in the seminar.

Part A:

Micromedia forecasts an enrollment of 30 students. How much profit ($) will be earned if the model is accurate? Include units in your response.

Part B:

Develop the equation for the total profit if x students enroll in the seminar.

Total Profit = 300x + 4800

Total Profit = 330x - 4800

Total Profit = 240x - 4800

Total Profit = 360x + 4800

Part C:

The equation describing the total cost to put on the seminar is given as:

Note: the cost equation assumes that students attend both days of the seminar if registered.

Total cost = 4800 + 30x

Total cost = 4800 + 300x

Total cost = 4800 + 60x

Total Cost = 30x

Part D:

Calculate the break-even point and include the units.

Total Profit = 300x + 4800

Total Profit = 330x - 4800

Total Profit = 240x - 4800

Total Profit = 360x + 4800

Explanation / Answer

The projected fee for the seminar is $300 per student.

Also the cost of the conference room, instructor compensation, lab assistants and promotion is $4800
and Micromedia rents computers for it's seminars at a cost of $30 per day.
and Micromedia is planning a two day seminar.
There are 30 students enrollment.

Part a)
So, for 30 students total Microdia rent for computers for two days is 30* $30*2 = $1800
and the cost of the conference room, instructor compensation, lab assistant and promotion is $4800
So, total cost to pay is $4800 + $1800 = $6600

The projected fee for the seminar is $300 per student.
So, Total fee for 30 students = 30* $300 = $9000

So Total profit = Total fee collected - total cost to pay
       = $9000 - $6600
       = $2400

b) Total cost for the profit if x students enroll in seminar is given as follows:

Total fee collected pre student is $300
Total rent for computer for 2 days per student is 2*$30 = $60
So Total fee collected per student - total rent of computer for two days per student = $300 - $60 = $240
if there are x students enrolled for seminar then total fee collected for x students is = $240 *x
Total cost of the conference room, instructor compensation, lab assistant and promotion is = 4800

So, the equation for total profit if x students enroll is
Total profit = 240*x - 4800

c)

To put seminar total cost for x students is given as follows:
Total cost of the conference room, instructor compensation, lab assistant and promotion is = 4800 and
total rent of computers x students for two days = x* 2*$30 = $60*x

So, total cost to put the seminar is 4800 + $60*x

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