Required Information[The following information applies to the questions displayed below.]Benson Training Services (BTS) provides instruction on the use of computer software for the employees of its corporateclients. It offers courses in the clients' offices on the clients' equipment. The only major expense BTS Incurs Is Instructorsalaries; it pays Instructors $5,700 per course taught. BTS recently agreed to offer a course of instruction to theemployees of Novak Incorporated at a price of $410 per student. Novak estimated that 20 students would attend thecourse.Base your answers on the preceding Information.Requireda. Relative to the number of students in a single course, is the cost of instruction a fixed or a variable cost?b. Determine the profit, assuming that 20 students attend the course.c. Determine the profit, assuming a 10 percent increase in enrollment (I.e., enrollment increases to 22 students). What is thepercentage change in profitability?d. Determine the profit, assuming a 10 percent decrease in enrollment (1.e., enrollment decreases to 18 students). What is thepercentage change in profitability?Complete this question by entering your answers in the tabs below.Required ARequired B Required CDetermine the profit, assuming a 10 percent decrease in enrollment (i.e., enrollment decreases to 18 students). What is thepercentage change in profitability?Note: Round your percentage answer to 2 decimal places. Negative amount should be indicated with a minus sign.ProfitChange in profitability$1,680Required D96< Required CRequired D >

INTRODUCTIONFixed expenses are those expenses that do not vary with the level of production on a…

Required Information The following information applies to the questions displayed below.] Benson Training Services (BTS) provides instruction on the use of computer software for the employees of its corporate llents. It offers courses in the clients' offices on the clients' equipment. The only major expense BTS Incurs is Instructor alaries; it pays Instructors $5,700 per course taught. BTS recently agreed to offer a course of instruction to the employees of Novak Incorporated at a price of $410 per student. Novak estimated that 20 students would attend the course. Base your answers on the preceding Information.

Required Information The following information applies to the questions displayed below.] Benson Training Services (BTS) provides instruction on the use of computer software for the employees of its corporate llents. It offers courses in the clients' offices on the clients' equipment. The only major expense BTS Incurs is Instructor alaries; it pays Instructors $5,700 per course taught. BTS recently agreed to offer a course of instruction to the employees of Novak Incorporated at a price of $410 per student. Novak estimated that 20 students would attend the course. Base your answers on the preceding Information.

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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