14. Hannah Byers and Kathleen Taylor are considering the possibility of teaching swimming to kids during the summer, A local swim club opens its pool at noon each

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Tell me kat cuant te do
8nt to ds
Align
Spacing
Before: 0 pt
Group
Selection
Pane
Position Wrap
Bring
Text Forward Backward
Send
3 cm
EAfter 7.3 pt
A Rotatey
Paragraph
Arrange
=%24.1per unit
14. Hannah Byers and Kathleen Taylor are considering the possibility of teaching
swimming to kids during the summer,A local swim club opens its pool at noon each
day, so it is available to rent during the morning. The cost of renting the pool during
the10-week period for which Hannah and Kathleen would need it is $1,700, The
pool would also charge Hannah and Kathleen an admission, towel service, and life
guarding fee of S7 per pupil, and Hannah and Kathleen estimate an additional $5
cost per student to hire several assistants, Hannah and Kathleen plan to charge
$75 per student for the 10-week swimming class.
a. How many pupils do Hannah End Kathleen need to enroll in their
class to break even?
b. If Hannah and Kathleen want to make a profit of $5,000 for the
summer. how many pupils do they need to enroll?
c. Hannah and Kathleen estimate that they might not be able to enroll
more than 60 pupils.
If they enroll this many pupils, how much
would they need to charge per pupil in order to realize their profit
goal of $5,000?
耳e
Transcribed Image Text:Tell me kat cuant te do 8nt to ds Align Spacing Before: 0 pt Group Selection Pane Position Wrap Bring Text Forward Backward Send 3 cm EAfter 7.3 pt A Rotatey Paragraph Arrange =%24.1per unit 14. Hannah Byers and Kathleen Taylor are considering the possibility of teaching swimming to kids during the summer,A local swim club opens its pool at noon each day, so it is available to rent during the morning. The cost of renting the pool during the10-week period for which Hannah and Kathleen would need it is $1,700, The pool would also charge Hannah and Kathleen an admission, towel service, and life guarding fee of S7 per pupil, and Hannah and Kathleen estimate an additional $5 cost per student to hire several assistants, Hannah and Kathleen plan to charge $75 per student for the 10-week swimming class. a. How many pupils do Hannah End Kathleen need to enroll in their class to break even? b. If Hannah and Kathleen want to make a profit of $5,000 for the summer. how many pupils do they need to enroll? c. Hannah and Kathleen estimate that they might not be able to enroll more than 60 pupils. If they enroll this many pupils, how much would they need to charge per pupil in order to realize their profit goal of $5,000? 耳e
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