Hockey camp Since Jean Oidcraft has Deer reac men's hockey coach at Casco College, she has enjoyed considerable success. Olccraft has coached at sum- mer camps previously and now is considering summer camp for Casco. The co- lege would provide room, board, and ice time for the campers at a price and would also take 10% of revenue. Oldcraft asks you for advice, you say that some of the im- portant factors are setting a price, estimating en oliment, and estimating costs. After a few weeks, Oidcraft returns with the following nfarmation. gathered from various sources Average enrollment Average price for one-week camp Costs 90 campers S225 Food, charged by college S50 per camper S15 per camper S18 per camper insurance and T-shirts Room rent charged by college Coaches' salaries S550 per coach S1,000 tota! $3,700 total ce arena charge Brochures, mailing, miscellaneous Oldcraft also says that other camps have typically employed one coach for each 15 campers, excluding the director (Oldcraft in this case. One problem is that you gen- erally need to hire the coaches before you know the enrollment, although it is usu ally possible to find one or two at the last minute. It is, however, necessary to hire some of the coaches early so that you can use their names in brochures Furthermore, while the enrollment and price given are averages, wide variations exist, with enrollments ranging from 40 to 120 and prices ranging from S160 to S330 As might be expected, the better-known camps have higher enrollments at higher prices, but they also pay better, as high as $1,000 per week for a well-known coach Oldcraft will keep the profits and suffer the losses, so she wants to be fairly confident before proceeding Required 1. If Oldcraft hires enough coaches to meet the average enrollment and achieves all of the averages given above, what will be he: profit? 2. What price will enable her to earn $4,000 enrolling 100 campers? 3. The college offers to take over the cost of brochures, mailing, and miscelianeous S3,700 estimated) in exchange for a higher share of the revenue. If Oldcraft achieves the results from requirement 1 (meets the averages), what percentage of revenue will she be able to pay the college and earn the same profit expected in requirement 1