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Compute fees based on the following information, both to break even and to account for the desired profit margin. (Note: you will first need to
Compute fees based on the following information, both to break even and to account for the desired profit margin. (Note: you will first need to calculate the indirect costs. Total the other costs, and then calculate 25% of those costs.
ITEM COST
Room Rental $250
Audiovisual Equip $100
4 Presenters @ $500/each $2,000
60 workbooks @ $15/each $900
60 lunches @ $15/each $900
60 coffees @ $3.50/each $210
Indirect costs @25% ????
Profit Margin @5% ????
NEED THIS ASAP - THANKS IN ADVANCE.
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