Cost acc

Problem 7 (10 Points) - LO3 A Foundation of profit maker is planning to open new class of a course of capital market for September 2021. The foundation' committee has assembled the following expected costs for the events: Dinner (per person] $ 10 Program and module (per person] ... $ 20 Rent of hotel facility 300 Instructor Wages $ 400 Advertising ... $ 50 $ Participant would like to be charged $ 105 per person for evening's course. Required: Compute the break even point for the evening class in term of the number of persons for class of capital market? Show proof of your calculation and give your explanation! (5 Points) b. With the target profit $ 375, compute a number of participants have to apply on this class so that the target profit $ 375 can be achieved? Show proof of your calculation and give your explanation! (5 Points)