As you know from your pre-class work, W.T. needs to determine how much he'l charge the Customers of My Assistant. Keep in mind that he'll need to (1) cover costs and (2) earn a profit so he can be paid. Part 1 We've already done quite a bit of work on projected costs for My Assistant, so pull out your notes from Class #2. To recap, W.T.'s planning on the following: Newspaper ad Social media manager Payment collection Gas $120 per month $100 per month: $1 per job scheduled $0.75 per job $4.00 per job Considering his analysis of similar services and to keep things simple, W.T. plans to price all jobs the same and charge $15 per Job. Because of this flat rate, he anticipates he'll likely need to create different types of "jobs". For example, purchasing a list of items at the grocery store would be one job, while a bundle of 2-3 small errands such as picking up dry cleaning and prescriptions, might be considered one job. We'll deal with those details later. For now, assume that all jobs are priced at $15 each and all have the associated variable expenses listed above. Inal number of jobs seems doable to W.T. But the whole reason he's going into business make a profit. Otherwise, he'll end up using all of his savings and he definitely doesn't ha enougn to last the entire school year. W.T's parents help him cover a number of but he needs to generate at least $400 per month to avoid having to use any savings. How many jobs would W.L. need to complete to earn $400What would that be in dollarse (1) Sales volume to earn desired profit (in units): Fixed costs + Desired profit Contribution margin per job + S jobs Remember: W.T. can't complete just part of a job. (2) Sales volume to earn desired profit (in dollars): Required units X Sales price per unit = Sales in dollars required to earn desired profit X $ Check your work: Total sales Less: Total variable costs - Total contribution margin Less: Total fixed costs = Total profit Question: Why isn't the profit exactly $4002