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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 $600 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $9600 per 2 days. Micromedia rents computers for its seminars at a cost of $120 per computer per day.


Develop a model for the total cost to put on the seminar. Let x represent the number of students who enroll in the seminar. Round your answers to the nearest whole number. For subtractive or negative number use a minus sign even if there is a + sign before the blank. (Example: -300)


Total cost =  


Develop a model for the total profit if x students enroll in the seminar. Round your answers to the nearest whole number. For subtractive or negative number use a minus sign even if there is a + sign before the blank. (Example: -300)


Total profit = 


Micromedia has forecasted an enrollment of 30 students for the seminar. How much profit will be earned if their forecast is accurate? Round your answer to the nearest dollar.


Total profit =  


Compute the breakeven point. Round your answer to the nearest whole number.


The breakeven point is  _________ students.

Top Answer

a. Total Cost = 9600 + 120*2*x See... View the full answer

New Doc 2020-01-08 00.15.16_1.jpg

a )
Total cost = 9600 + 120 x 2 xx
Total cost = 9600 + 240 x
Where k
" the numbers of Students enroned .
Total profit = Revenue - cost
= 600 2 - ( 9600+240x)
Total profit = 360x - 9600
Where x...

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