What are the programs fixed costs, total costs, and average

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Case Study: The Augusta EOA has recently received a contract from the state government to start a job training program. The program will last for one year and will likely continue in the future. The program will need a director with a salary of $70,000 per year. The rent for a facility to house the program will be $20,000 for the next 12 months. The insurance and custodial services are estimated to be $10,000 yearly. The facility can accommodate up to 100 people. The program will also hire teacher/trainers, each of whom can teach up to 20 trainees. The salary for each teacher is $50,000 per year. Each of the program participants will receive a set of textbooks and other teaching materials, estimated at $300 per person. For simplicity, other potential costs are not considered for this case.

Question: What are the programs fixed costs, total costs, and average costs if it enrolls 60 students? (round to the nearest dollar)

 

Reference no: EM133373371

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