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    Breakeven Analysis

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    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 two day seminar on the use of Microsoft Excel in statistical analysis. The projected fee for the seminar is $300 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800. Micromedia rents computers for its seminars at a cost of $30 per computer per day.

    Compute the breakeven point.

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    Let the number of students enrolled for the seminar ...

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    This solution is comprised of detailed step-by-step calculation and analysis of the given problem and provides students with a clear perspective of the underlying concept of Breakeven Analysis.