Business, 23.01.2020 19:31 22chandlerlashley

Alameda tile sells products to many people remodeling their homes and thinks that it could profitably offer courses on tile installation, which might also increase the demand for its products. the basic installation course has the following (tentative) price and cost characteristics. tuition $ 800 per student variable costs (tiles, supplies, and so on) 480 per student fixed costs (advertising, salaries, and so on) 160,000 per year required:
a. what enrollment will enable alameda tile to break even?
b. how many students will enable alameda tile to make an operating profit of $80,000 for the year?
c. assume that the projected enrollment for the year is 800 students for each of the following (considered independently):
1. what will be the operating profit (for 800 students)?
2. what would be the operating profit if the tuition per student (that is, sales price) decreased by 10 percent? increased by 20 percent?
3. what would be the operating profit if variable costs per student decreased by 10 percent? increased by 20 percent?
4. suppose that fixed costs for the year are 10 percent lower than projected, whereas variable costs per student are 10 percent higher than projected. what would be the operating profit for the year?

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 23:50

Juan has a retail business selling skateboard supplies he maintains large stockpiles of every item he sells in a warehouse on the outskirts of town he keeps finding that he has to reorder certain supplies all the time but others only once a year how can he solve this problem?

Answers: 1

Answer

Business, 22.06.2019 05:30

The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.

Answers: 1

Answer

Business, 22.06.2019 12:20

In terms of precent, beer has more alcohol than whiskey true or false

Answers: 1

Answer

Business, 23.06.2019 14:00

Max has set some financial goals and created a budget. what else does max need to have a complete financial plan? a. loan information, insurance plan, and a saving and investing plan b. net worth statement, risk management plan, and investment principals c. net worth statement, insurance plan, and a saving and investing plan d. net worth statement, spreadsheet, and risk management plan

Answers: 1

Answer

You know the right answer?

Alameda tile sells products to many people remodeling their homes and thinks that it could profitabl...

Questions