Conrad Coding Institute (CCI) offers online courses in coding. One of CCI's most popular courses is the introductorycourse that teaches basic coding skills. CCI prices this course aggressively, because of the potential for creatingdemand for the more advanced (and more profitable) courses. The Introductory coding course has the followingprice and cost characteristics:TuitionVariable costs (instruction, support, and so on)Fixed costs (advertising, salaries, and so on)Required:4. Suppose that fixed costs for the year are 15 percent lower than projected, whereas variable costs per swuentare 15 percent higher than projected. What would be the operating profit/loss for the Introductory codingcourse for the year?Complete this question by entering your answers in the tabs below.Req AReq BOperating profitReq C1Req C2$ 65 per student40 per student180,000 per yearReq C3< Req C3Assume that the projected enrollment for the year is 7,500 students for the following (considered independently):C4. Suppose that fixed costs for the year are 15 percent lower than projected, whereas variable costs per student are 15percent higher than projected. What would be the operating profit/loss for the introductory coding course for the year?Reg C4Req C4 >Show less

Answered: Operating profit

Business

Accounting

Operating profit

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 33P

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