7:05 answers on this sneet or on a separate word document. Tou may also 60 your work by hand and scan a copy of your work. When necessary. round down to the nearest cent. Meaning if you get $12.125 for an answer, round to S12.12. I will give you $03 in either direction so rounding should not be an issue. Problem L (Pricing! You are the Program Manager for a youth soccer program in Tucson, AZ Looking at your organization you determine that your total fixed cost are $600,000, which includes facility maintenance, admin cost, and the personnel cost for those salaried staff members. In addition to these cost, you also have variable cost that total an additional $200.000. To date, your total hours of operation is 6,000 total hours. Knowing that your business is highly vulnerable to political and social conditions in Arizona, you operate with a 9% contingency rate. Calculate your total.cost and your hour cost that you must charge (break-even point) both before and after contingency (round to answers to nearest cent). Given that your programs are spread out throughout the city, with many located in under-resourced areas, you know that you much subsidize many of your programs to make them accessible to all youth. You have decided to subsidized programs in under resourced communities at a 30% rate. This subsidy will be absorbed by programs in the more affluent communities. Calculate the subsidization rate for each community Problem 2. (Millage Rates) You have just become the Director of large municipal park district in California. Looking at your revenue for the year, you see that a large piece of your program funding comes from property taxes on a large parcel of private land. Looking over your budget, you see that the appraised total property value of the land S500 million dollars. Of this, however, only 40% is taxable. The owner of the property is changed a rate of 15 mils in your district. Your department will be getting 30% of the total received from the property taxes on this property What is the total amount of revenue that will be received by the municipality as a whole through property tax? What is the total amount your department will receive? Problem 3: (Fixed and Variable Cost and Pricing) Program Description: Join us for a three day adventure at a Saguaro National Park. The beautiful Arizona National Park offers a variety of hiking option for all skill levels, camping, and numerous programs for the kids. Don't miss this great opportunity to come enjoy the great outdoors at our National Park! Details: This trip will depart at 6:00p.m. on Friday after dinner and return at 5:00p.m. Sunday before dinner. Transportation, meals and cabin rental are all provided A minimum of 50 people will attend Breakfast is $5 per person Lunch is $7.50 per 7:05 answers on this sneet or on a separate word document. Tou may also 60 your work by hand and scan a copy of your work. When necessary. round down to the nearest cent. Meaning if you get $12.125 for an answer, round to S12.12. I will give you $03 in either direction so rounding should not be an issue. Problem L (Pricing! You are the Program Manager for a youth soccer program in Tucson, AZ Looking at your organization you determine that your total fixed cost are $600,000, which includes facility maintenance, admin cost, and the personnel cost for those salaried staff members. In addition to these cost, you also have variable cost that total an additional $200.000. To date, your total hours of operation is 6,000 total hours. Knowing that your business is highly vulnerable to political and social conditions in Arizona, you operate with a 9% contingency rate. Calculate your total.cost and your hour cost that you must charge (break-even point) both before and after contingency (round to answers to nearest cent). Given that your programs are spread out throughout the city, with many located in under-resourced areas, you know that you much subsidize many of your programs to make them accessible to all youth. You have decided to subsidized programs in under resourced communities at a 30% rate. This subsidy will be absorbed by programs in the more affluent communities. Calculate the subsidization rate for each community Problem 2. (Millage Rates) You have just become the Director of large municipal park district in California. Looking at your revenue for the year, you see that a large piece of your program funding comes from property taxes on a large parcel of private land. Looking over your budget, you see that the appraised total property value of the land S500 million dollars. Of this, however, only 40% is taxable. The owner of the property is changed a rate of 15 mils in your district. Your department will be getting 30% of the total received from the property taxes on this property What is the total amount of revenue that will be received by the municipality as a whole through property tax? What is the total amount your department will receive? Problem 3: (Fixed and Variable Cost and Pricing) Program Description: Join us for a three day adventure at a Saguaro National Park. The beautiful Arizona National Park offers a variety of hiking option for all skill levels, camping, and numerous programs for the kids. Don't miss this great opportunity to come enjoy the great outdoors at our National Park! Details: This trip will depart at 6:00p.m. on Friday after dinner and return at 5:00p.m. Sunday before dinner. Transportation, meals and cabin rental are all provided A minimum of 50 people will attend Breakfast is $5 per person Lunch is $7.50 per