Wednesday, May 16, 2018


   High and Low Points Method.  A transferee student from Manila is interested in analyzing the tuition fee and miscellaneous fee for the BSA program of National Teachers College (NTC) as related to number of units. The following data have been accumulated:


Number of Units
Tuition & Misc. Fees
6
4,550
12
6,830
15
7970
18
?
21
10250
27
12530


Required: 
1.      Determine the amount of the fixed miscellaneous fee and the variable tuition fee per unit, using the high and low points method.
2.      Assuming that she decided to enroll 18 units. How much will she pay on the date of enrollment if the total amount will be paid in four equal installments?

SOLUTION

 1.                                                                                                Tuition & Misc.     Number of
                                                                                                             Fees                   units     
High........................................................................................           P 12,530                   27
Low.........................................................................................             4,550                     6
Difference...............................................................................           P 7,980                   21

Variable rate (Tuition fee).......... 7,980 / 21 = P380 per unit
Fixed cost (Misc. Fee)....... = P12,530  ‑ (P380 x 27) = P2,270

2.
Variable Cost (Tuition Fee)     380  x 18 =      6,840
Fixed Cost  (Misc. Fee)                                    2,270
Total Amount                                                  9,110
                                                                        x  ¼   
Amount to be paid during enrollment      P2,277.50

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