Enrollment 5,000 Tuition per credit hour $115 Credit hours 80,000 Registration, records, and...
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Accounting
Enrollment Tuition per credit hour $ Credit hours Registration, records, and marketing costs per enrolled student $ Instructional costs per credit hour $ Depreciation on classrooms and equipment $ Registration, records, and marketing costs vary by the number of enrolled students, while instructional costs vary by the number of credit hours. Depreciation is a fixed cost. Prepare a variable costing income statement showing the contribution margin and operating income for the Fall term. Broadwater Institute & Technical School Variable Costing Income Statement For the Fall Term Line Item Description Revenue Variable costs: Registration, records, and marketing costs $ Instructional costs Total variable costs Contribution margin Amosint $ $ 
Enrollment
Tuition per credit hour
$
Credit hours
Registration, records, and marketing costs per enrolled student
$
Instructional costs per credit hour
$
Depreciation on classrooms and equipment
$
Registration, records, and marketing costs vary by the number of enrolled students, while instructional costs vary by the number of credit hours. Depreciation is a fixed cost.
Prepare a variable costing income statement showing the contribution margin and operating income for the Fall term.
Broadwater Institute & Technical School
Variable Costing Income Statement
For the Fall Term
Line Item Description
Revenue
Variable costs:
Registration, records, and marketing costs $
Instructional costs
Total variable costs
Contribution margin
Amosint
$
$
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