Purchase Solution

Micromedia offers computer training seminars on a variety of topics.

Not what you're looking for?

Ask Custom Question

Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a 2-day seminar on the use of Microsoft Excel in statistical analysis. The fee for the seminar is $300 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800. Micromedia pays to rent computers for its seminars at a cost of $30 per computer per day.
How many students must enroll in the Excel seminar for Micromedia to break even?

A. 20
B. 15
C. 14
D. impossible to tell with given information

Purchase this Solution

Solution Summary

Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a 2-day seminar on the use of Microsoft Excel in statistical analysis. The fee for the seminar is $300 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800. Micromedia pays to rent computers for its seminars at a cost of $30 per computer per day.

Solution Preview

The correct answer is A. 20

Let the variable be the number of students who enroll in the Seminar.

Let I ...

Purchase this Solution


Free BrainMass Quizzes
Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.