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Answer the following questions. Show all work. Question 4 is written in text above. 4. Within your nonprofit organization, all childrens swimming lessons are subsidized
Answer the following questions. Show all work.
Question 4 is written in text above.
4. Within your nonprofit organization, all childrens swimming lessons are subsidized at $5.00 per participant. The fixed costs for the childrens learn-to-swim program are $8,000 and the variable costs are $5,000. You expect an enrollment of 600 childrenwhat should the cost per child be? Explain your thoughts and calculations.
1. The fixed cost for your summer softball league is $12,500. How many teams will you need to cover the fixed costs if you charge each team a $90.00 registration fee? 2. If the variable cost per participant is $8.00 for a senior water aerobics program and you have 22 participants, what are the total variable costs of the water aerobics program? 3. If the fixed costs for keeping the pool open all summer is $20,000 (of which $10,000 is allocated to open swim time as opposed to swim lessons or the swim team) and the variable costs of open swim is $.50 per person, how many people will it take to show a profit for the summer if you charge $1.50 per person for open swimming? How about $2.00 per person for open swimming
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