Question

A university schedules summer school courses based on anticipated enrollment. The cost for faculty compensation, laboratories, student services, and allocated overhead for a computer class is $8500. If students pay $420 to enroll in the course, how large would enrollment have to be for the university to break even

Answer 1

20 student

Step-by-step explanation:

Break even point = Fixed cost / Contribution

Break even point = $8,500 / $420

Break even point = 20.23809523809524

Break even point = 20 student

So, the enrollment will have to be for 20 student for the university to break even.