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.© BrainMass Inc. brainmass.com March 4, 2021, 11:17 pm ad1c9bdddf
Please refer to the attachment for the formatted solution.
Thanks for using Brainmass.
Let the number of students enrolled for the seminar ...
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.