Ex.2 The operating costs for Rhythm music school is as follows: Rent on facilities OMR2,200...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Ex.2 The operating costs for Rhythm music school is as follows: Rent on facilities OMR2,200 per month Advertising Instrument Rent OMR750 per month Teaching Instruction Books Other Costs OMR274 per month OMR40 per student OMR5 per student OMR3 per student Rhythm music school charges OMR100 per student per month. Instructions (a) Determine the company's break-even point in (1) number of students taught per month and (2) OMR. (b) Rhythm music school has just received notice that the rent on their facilities will be increasing by OMR500 per month and the instrument rent will also be increasing OMR20 per month. (1) Determine the company's break-even point in the number of students taught per month based on the new information. (2) Determine the amount to charge per student assuming that Rhythm music school does not increase the number of students taught
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
