Al Khoud Training Center (KTC) is an industrial training company operating in Muscat Knowledge Oasis. Followingincreased competition and customer expectations, KTC has been forced to revisit its operational strategy and itsquality standards. The following budgeted data for 2022 are available:Number of Trainees6,000 Operating IncomeOMR45,000Budgeted Variable Cost per TraineeTrainee's Support ServiceTraining MaterialsFoodsMiscellaneous Products & Services OMR15Budgeted Fixed Cost per Training16,0005,000OMR26 FacilitiesOMR12 SalariesOMR22Based on the customer survey it conducted, KTC has learned that several improvements to its products andservices are required. The improvements would provide the following impacts:Increase in the Number of TraineesIncrease in the Total Variable CostsIncrease in the Total Fixed Costs70%65%50%You are required to:(0)Calculate the budgeted revenue per trainee based on the available data.(i)Assuming that budgeted revenue per trainee remains unchanged, explain (with numericaljustifications) whether KCT should implement the suggested improvements.

Budgeted variable cost per trainee = Trainee's support services + Training materials + Foods +…

AI Khoud Training Center (KTC) is an industrial training company operating in Muscat Knowledge Oasis. Following increased competition and customer expectations, KTC has been forced to revisit its operational strategy and its quality standards. The following budgeted data for 2022 are available: Number of Trainees 6,000 Operating Income OMR45,000 Budgeted Variable Cost per Trainee Trainee's Support Service Training Materials Foods Miscellaneous Products & Services OMR26 Facilities OMR12 Salaries OMR22 OMR15 Budgeted Fixed Cost per Training 16,000 5,000 Based on the customer survey it conducted, KTC has leamed that several improvements to its products and services are required. The improvements would provide the following impacts: Increase in the Number of Trainees Increase in the Total Variable Costs Increase in the Total Fixed Costs 70% 65% 50% You are required to: 0 Calculate the budgeted revenue per trainee based on the available data.

AI Khoud Training Center (KTC) is an industrial training company operating in Muscat Knowledge Oasis. Following increased competition and customer expectations, KTC has been forced to revisit its operational strategy and its quality standards. The following budgeted data for 2022 are available: Number of Trainees 6,000 Operating Income OMR45,000 Budgeted Variable Cost per Trainee Trainee's Support Service Training Materials Foods Miscellaneous Products & Services OMR26 Facilities OMR12 Salaries OMR22 OMR15 Budgeted Fixed Cost per Training 16,000 5,000 Based on the customer survey it conducted, KTC has leamed that several improvements to its products and services are required. The improvements would provide the following impacts: Increase in the Number of Trainees Increase in the Total Variable Costs Increase in the Total Fixed Costs 70% 65% 50% You are required to: 0 Calculate the budgeted revenue per trainee based on the available data.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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