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Play Time is a nursery school for pre-kindergarten children. The school has determined that the...

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Accounting

Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of enrollment:

Number of Students Enrolled Total Revenue Total Costs
13 $ 2,600 $ 1,800
18 3,600 2,300
19 3,800 2,470
23 4,600 3,270
24 4,800 3,360

The average cost per student when 19 students enroll in the school is:

Multiple Choice

  • $170.

  • $128.

  • $130.

  • $200.

  • $800.

Answer & Explanation Solved by verified expert
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