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Soloha48
1 month ago
12

Organizers of an Internet training session will charge participants $150 to attend. It costs $3000 to reserve the room, hire the

instructor, bring in the equipment, and advertise. Assume it costs $25 per student for the organizers to provide the course materials. How many students would have to attend for the company to break even? Breakeven [a]
Business
1 answer:
stepan [3K]1 month ago
5 0

Answer:

A total of 24 students is required to reach breakeven.

Explanation:

Breakeven occurs when total sales equal total expenses.

Thus,

Sales = Px * Q

Where Px represents the cost of the training session

Q denotes the number of students attending

Sales = 150Q

Cost = fixed cost + variable cost

Cost = 3000 + 25Q

Breakeven calculation

150Q = 3000 + 25Q

150Q - 25Q = 3000

125Q = 3000

Q = 3000 / 125

Q = 24

Thus, breakeven is achieved with 24 students.

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