Play Time is a nursery school for pre-kindergarten children. The school has determined that the...
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Accounting
Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of enrollment:
Number of Students Enrolled
Total Revenue
Total Costs
13
$
2,600
$
1,800
18
3,600
2,300
19
3,800
2,470
23
4,600
3,270
24
4,800
3,360
The average cost per student when 19 students enroll in the school is:
Multiple Choice
$170.
$128.
$130.
$200.
$800.
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