Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of enrollment: Number of Students Enrolled Total Revenue Total Costs 10 $ 3,000 $ 2,100 15 4,500 2,700 16 4,800 2,800 20 6,000 3,200 21 6,300 3,255 The marginal cost when the twenty-first student enrolls in the school is:

Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of enrollment: Number of Students Enrolled Total Revenue Total Costs 10 $ 3,000 $ 2,100 15 4,500 2,700 16 4,800 2,800 20 6,000 3,200 21 6,300 3,255 The marginal cost when the twenty-first student enrolls in the school is:

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 30E: A company uses charging rates to allocate service department costs to the using departments. The...

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Wee Care is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of enrollment Number of Students Enrolled Total Revenue Total Costs: $3,000 $2,100 4,500 2,700 4,800 2,800 6,000 3,200 6,300 3,255 The average cost per student when 16 students enroll in the school is 10 15 16 20 21 Select one: O a $100. O b. $125, C. $175. O d. $300. Oe. $400. Clear my choice Next pag
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How do I calculate the economic order quantity (EOQ) per annum? New West Secondary School purchases 700 math sets per annum. The cost of each math set is $80. Each set is sold for $100. The cost of placing a single order is $45. The holding cost is 11% of the unit purchase price.
If a daycare had 16 kids and figured the total revenue on a bi-weekly basis is $4800.00. How much would it cost per kid?
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Consider the break-even number of students for a noncredit course in pottery. The course tuition is $500. The variable costs per student are pottery supplies of $300 and enrollment costs of $20. The fixed costs for the course are instructor's salary of $3,000 and rental cost of the classroom of $1,500. The break-even point is students. A) 15 B) 25 C) 35 D) 45 E) none of the above