Question 5:
You run a school in Florida. Fixed monthly cost is $5,041.00 for
rent and utilities, $6,181.00 is spent in salaries and $1,561.00 in
insurance. Also every student adds up to $92.00 per month in
stationary, food etc. You charge $692.00 per month from every
student now.
You are considering moving the school to another neighborhood
where the rent and utilities will increase to $10,886.00, salaries
to $6,885.00 and insurance to $2,162.00 per month. Variable cost
per student will...