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Determine the company's break-even point in (1) number of students taught per month and (2) dollars. (b) (1) Break even in number of students taught per month (2) Break even in dollars eTextbook and Media 62 students 6,200 $ Assistance Used Attempts: 1 of 2 used Coronado Journeys has just received notice that the rent on their facilities will be increasing by $481 per month and the instrument rent will also be increasing $19 per month. (1) Determine the company's break-even point in the number of students taught per month based on the new information. (2) Determine the amount to charge per student assuming that Coronado Journeys does not increase the number of students taught. If Coronado Journeys does not want to increase their fees, how many additional students will they need to attract? (Round amount to charge per student to 2 decimal places, e.g. 15.25.) (1) Break even in number of students taught per month (2) Amount to charge per student Additional number of students $ students students

Determine the company's break-even point in (1) number of students taught per month and (2) dollars. (b) (1) Break even in number of students taught per month (2) Break even in dollars eTextbook and Media 62 students 6,200 $ Assistance Used Attempts: 1 of 2 used Coronado Journeys has just received notice that the rent on their facilities will be increasing by $481 per month and the instrument rent will also be increasing $19 per month. (1) Determine the company's break-even point in the number of students taught per month based on the new information. (2) Determine the amount to charge per student assuming that Coronado Journeys does not increase the number of students taught. If Coronado Journeys does not want to increase their fees, how many additional students will they need to attract? (Round amount to charge per student to 2 decimal places, e.g. 15.25.) (1) Break even in number of students taught per month (2) Amount to charge per student Additional number of students $ students students

FINANCIAL ACCOUNTING
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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Determine the company's break-even point in (1) number of students taught per month and (2) dollars. (b) (1) Break even in number of students taught per month (2) Break even in dollars eTextbook and Media 62 students 6,200 $ Assistance Used Attempts: 1 of 2 used Coronado Journeys has just received notice that the rent on their facilities will be increasing by $481 per month and the instrument rent will also be increasing $19 per month. (1) Determine the company's break-even point in the number of students taught per month based on the new information. (2) Determine the amount to charge per student assuming that Coronado Journeys does not increase the number of students taught. If Coronado Journeys does not want to increase their fees, how many additional students will they need to attract? (Round amount to charge per student to 2 decimal places, e.g. 15.25.) (1) Break even in number of students taught per month (2) Amount to charge per student Additional number of students $ students students
Transcribed Image Text:Determine the company's break-even point in (1) number of students taught per month and (2) dollars. (b) (1) Break even in number of students taught per month (2) Break even in dollars eTextbook and Media 62 students 6,200 $ Assistance Used Attempts: 1 of 2 used Coronado Journeys has just received notice that the rent on their facilities will be increasing by $481 per month and the instrument rent will also be increasing $19 per month. (1) Determine the company's break-even point in the number of students taught per month based on the new information. (2) Determine the amount to charge per student assuming that Coronado Journeys does not increase the number of students taught. If Coronado Journeys does not want to increase their fees, how many additional students will they need to attract? (Round amount to charge per student to 2 decimal places, e.g. 15.25.) (1) Break even in number of students taught per month (2) Amount to charge per student Additional number of students $ students students
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