Based on the below budget, can you please assist me with the below questions? Budget found below questions.

Based on the below budget, ASCH should request $370,150 from a foundation...BUT

ACSH was unsuccessful in obtaining the foundation grant that they tried to solicit in Part 2, but it was able to raise a $150,000 gift for the new program from a generous donor. Wanting to take advantage of that and get the program going, the Executive Director was able to convince the Board to make enough funding available out of the Organization's unrestricted reserves to fund the incremental costs associated with the program, to allow it to get underway with a target of 35 children during the first year.

The Executive Director wants to know the answer to three questions:

(1) If we ignore the overhead component of costs, as well as the allocation of existing staff, how much money must ACSH make available to the program out of reserves to allow it to break even using the complement of new staff and classrooms/ related costs that was contained in the program budget sent to the foundation?

(2) Otherwise using the same assumptions as in (1), if ACSH wanted to adjust the costs (number of new staff and classrooms/ related costs) to the minimum needed to teach the 35 children, how much would ACSH have to make available to the program out of reserves to allow it to break even?

(3) Otherwise using the same assumptions as in (2), if ACSH chose to charge the parent(s) of each child a fee instead of making reserves available, how much would ACSH have to charge per child to allow the program to break even? Would the contribution margin be positive or negative?

Please explain your answers, with appropriate calculations where necessary. Please round to the nearest dollar (if necessary).

Cost Line Item Amount Personnel Service Costs 5% of the Executive Director's time ($170,000 x 0.05) $8,500 10% of a Program Coordinator's time ($85,000 x 0.10) $8,500 100% of two new Teachers @ $50,000 each ($50,000 x 2) $100,000 100% of four new Teaching Assistants @ $30,000 each ($30,000 x 4) $120,000 Fringe Benefit ($170,000 x 0.25)' $42,500 Other-than-Personnel Service Costs Books and other supplies ($600 x 65)\" $39,000 New audiovisual equipment, $9,000 per classroom ($9,000 x 2)\" $18,000 Total Personnel Service Costs and Other-than-Personnel Service Costs $336,500 Administrative Costs ($336,500 x 0.10) $33,650 Total Overall costs $370,150 * We only apply the fringe benefit rate to the Executive Director since Fringe Benefits are usually only offered at executive levels. \"We multiply the costs for books and other supplies by 65 since ACSH expects to have 65 children in the program for the first year. mWe multiply the costs of the new audiovisual equipment by 2 since there will be two classrooms as there is an expected 65 children and for each classroom. there is a maximum of 40 persons and 37 of these are children. (Note: The costs of the space and utilities will not be included since it does not count towards the match. We are looking for the figure that will render the costs and raised funds to be equal (break-even point), that is why the costs of the space and utilities should not be included