1. Aman is considering starting a personal financial service. Basic office supplies will cost $3250 and the variable cost for each consultation is $10.25. It plans to bill each client $50 per consultation.

a) What is the break-even amount for Aman's personal financial advice?

b) If Aman's goal is $1000, how many calls will she need to make to reach her goal?

c) Find the contribution margin and the contribution rate.

2. Helen is considering running a massage therapy business. The office rent will be $2500 per month and he needs at least one secretary with an annual salary of $36000. She is considering advertising her business at a cost of $4500 for 3 months. If basic office supplies will cost him $15 per customer and he has 1000 customers per month

a) How much should he charge each customer to earn $3500 per month?

b) How much profit will he make if he takes $50 from each customer?

3. A toy company produces tub toys at $8 per pack of ducks, frogs, and turtles (each pack contains a duck, a turtle, and a frog). Rental and procurement costs for the company are $6500/month. The material cost for each duck, turtle, and frog is 40, 45, and 65 cents, respectively.

a) Find the revenue if 10000 units are produced and sold.

b) Find the total variable cost and total cost.

c) Find the breakeven point.