To Establish a Driver Education School, Organizers Must Decide How

question 28

Essay

To establish a driver education school, organizers must decide how many cars, instructors, and students to have. Costs are estimated as follows. Annual fixed costs to operate the school are $30,000. The annual cost per car is $3000. The cost per instructor is $11,000 and one instructor is needed for each car. Tuition for each student is $350. Let x be the number of cars and y be the number of students.
a.Write an expression for total cost.
b.Write an expression for total revenue.
c.Write an expression for total profit.
d.The school offers the course eight times each year.Each time the course is offered, there are two sessions.If they decide to operate five cars, and if four students can be assigned to each car, will they break even?

---

Definitions:

Sales Revenue

The income generated from selling goods or services over a specific period before deducting any costs or expenses.

Accounts Receivable

Payments due to a company from its customers for the provision of goods or services, yet to be paid.

Sales Invoices

Documents issued by a seller to a buyer, detailing products or services sold, quantities, prices, and terms of sale.

Reference Column

A column in a table that is used to cross-reference or link the data in one table with data in another, facilitating data lookup and retrieval.