Break even problem - organizers of an internet training


Break Even Problem - Organizers of an Internet training session will charge participants $566 to attend. It costs $3200 to reserve the room, $5010 to hire the instructor, $1520 to rent the equipment for instructor use, and $510 to advertise. Organizers have to pay the following for each student: Course material, $25; certificate of completion, $14; lunch and snacks, $15. Use X to represent students. (Show your work). a. How many students would have to attend for the company to break even? _________ b. If the company expects 30 students will attend, will they have a profit or loss? How much? _____Profit or _____Loss Amount: $___________________ c. If the trainers believe that realistically 25 people will attend, then what price should be charged per person for the organization to break even? $_______________

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Financial Management: Break even problem - organizers of an internet training
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