Tutors-R-Us provides academic enrichment and review activities for high school students in 4 subject areas: English, mathematics, science, and history. In November 2010, the firm's information system produced the following data: Regardless of subject area, clients pay $50 per hour for tutoring services. Costs associated with the Tutors-R-Us operations for November 2010 included:
The number of students in each area is most likely to be a cost driver for
Definitions:
Fixed Expenses
Costs that do not change regardless of the level of production or business activity.
Break-even Sales
The amount of revenue required to cover total fixed and variable costs, resulting in zero profit or loss.
Variable Expenses
Costs that fluctuate with the level of output or sales, such as raw materials and sales commissions.
Fixed Expenses
Costs that remain constant over a period and are not affected by changes in business activity levels.
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