**Xander Studios Sculpting Class: Cost Analysis**Xander Studios offers a sculpting class for which students are charged $250 each. The cost structure is divided into variable and fixed costs, as outlined below:**Variable Costs per Student:**- Sculpting supplies: $100- Enrollment costs: $50**Fixed Costs for the Course:**- Instructor’s salary: $1,000- Rental cost of the classroom: $500**Break-even Analysis:**The break-even number of students is calculated based on the costs and the tuition fee. The options for the break-even point are:- a. 2- b. 12 (Correct Answer)- c. 20- d. 11Understanding how these costs add up helps in determining the minimum number of students required to cover all expenses associated with the course.

Sculpting is an art which is based on art work of making Sculptures & also it is an ancient…

Xander Studios holds a sculpting class for which it charges students $250. The costs consist of the following: Variable costs per student: Sculpting supplies $100 Enrollment costs 50 Fixed costs for the course: Instructor's salary $1,000 Rental cost of the classroom 500 The break-even number of students is Oa. 2 Ob. 12 Oc. 20 Od. 11

Xander Studios holds a sculpting class for which it charges students $250. The costs consist of the following: Variable costs per student: Sculpting supplies $100 Enrollment costs 50 Fixed costs for the course: Instructor's salary $1,000 Rental cost of the classroom 500 The break-even number of students is Oa. 2 Ob. 12 Oc. 20 Od. 11

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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