Jilly's became the first Missouri cupcake company to win the Food Networks televised Cupcake Wars. Since its award, Jilly's finds that customers are willing to pay $25.00 for a special Cupcake Wars Mini-Pack of cupcakes. At this price, the manager has variable costs of $11.00 plus an additional $3 to pay for the licensing of the Cupcake Wars name and logo. Total fixed expenses are $86,550.

How much profit would Jilly's make if it successfully sold 10,000 Cupcake Wars Mini-Packs? FOR FULL CREDIT, YOU MUST SHOW ALL OF YOUR WORK.

Imagine that Jilly's wants to make a profit of $13,500. What quantity of Cupcake Wars Mini-Packs must be sold for Jilly's to achieve this target profit? FOR FULL CREDIT, YOU MUST SHOW ALL OF YOUR WORK.