Use the information below to answer question 36- 43. KSB wants to run a new programme. Estimated fees to be paid by a student is 8000.00. Fixed cost for the programme is expected to be 140,000.00 per anum while variable cost per student is estimated at 4000.00. Expected enrolment is 100 students. 36. What is the contribution per student? 37. What is the c/s ratio?
Use the information below to answer question 36- 43. KSB wants to run a new programme. Estimated fees to be paid by a student is 8000.00. Fixed cost for the programme is expected to be 140,000.00 per anum while variable cost per student is estimated at 4000.00. Expected enrolment is 100 students. 36. What is the contribution per student? 37. What is the c/s ratio?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%
Use the information below to answer question 36- 43.
KSB wants to run a new programme. Estimated fees to be paid by a student is 8000.00. Fixed cost for the programme is expected to be 140,000.00 per anum while variable cost per student is estimated at 4000.00. Expected enrolment is 100 students.
36. What is the contribution per student?
37. What is the c/s ratio?
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education