Question
1.XYZ Mental Health Center delivers counseling services to prison inmates for the State of Mississippi on a fee forservice basis. It is preparing its cash
1.XYZ Mental Health Center delivers counseling services to prison inmates for the State of Mississippi on a fee forservice basis. It is preparing its cash budget for the month of March 2014 Its operating budget reflects accured fee for service revenues of $12,500,$13,000 and $14,000 respectively for months of January, February, March. The Center bills the state electronically at the end of each month for the services, with the remainder being collected in the second month after the delivery of services. What are XYZ Mental Health Center's total cash receipts from the state for the month of March 2014?
2.Ridgeland Animal Protective Services is Planning its Spring 2014 awards dinner as a fund raising event. It is planning to charge each attendee $150 per plate for food. The Satin Room has a capacity of 180 people. BB King Band will provide the entertainment for their standard performance fee of $1,000 per night.
a) How many people would need to attend in order for Ridgeland to break-even?
b) If Ridgeland sells 100 tickets for dinner, what is the average cost to Ridgeland for each person with a ticket?
C) iF Ridgeland sells 100 tickets for the dinner, what is the average cost to Ridgland for each person with a ticket?
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