The manager of an e-learning company identified a new course that they could createand sell for $85 per student The costs for adding this new course to their productoffering would be: $2,000 per month to lease additional space, $300 per month forinsurance, $5,000 per month for support staff, $3,900 per month for sales staff, andvariable costs of $4 per student. They can sell to a maximum of 800 students permonth.a. For the company to break even per month, how many students would have topurchase the Course?Round up to the next whole numberb. If they made a profit of $32,960 last month, how many students purchased thecourse?Round up te the next whole number

Price of course per student = $85 Variable costs per student= $4

Answered: The manager of an e-learning company…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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