Mae Wong owns "Cute Nail Salon", located on Chapel St, South Yarra, Melbourne, Australia. She employs right (8) manicurists and pays each a base rate of $1,000 per week (5 working days per week) Mae does not work in the business, and so she has organised one of the manicurists to act as the manager. That one employee receives an extra $250 per week In addition to the base rate, each manicurist receives a commission of $6.50 per client / manicure. Only one manicurist works on any one client at any one time. Other costs are as follows Advertising $300 per week Rent $1,000 per week Nail supplies (nail polish remover colourete per manicure Magazines subscriptions for customer enjoyment) $10 per week Depreciation of furniture and equipment: $150 per week Mae currently charpes her customers $50 per manicure 24 Required: Explain at least four (0) kry assumptions underlying Canalysis (dmarks) b) Determine and clearly show your calculations variabile con per manicure and the total weekly feed coat (+23 marks) c) Caleate the contribution margin per manicure until mark) d) Calculate the weekly break-even point in units and in dollars (2 marks] . Mae currently works full time at a council and her current salary is $2,200 per week. Moe decides to resign from the council, in order to work full time managing her own business Indicate the minimum further number manicures required that Mae would not be financially any worse off as a result of her decision. (2 marks) 0 Mars workers want to work casual hours and wish to charge Mee according to the number of clients they serve. They wil charge Mae $30 per manicure/client, and this will replace the base pay and commission. With working in her own business, the requires a weekly profit of $2,200. If the weekly number of manicures is limited to 200, what price per manicure would need to be set to satisfy her workers and Mes targets (3 marks) NOTE: Please clearly label a blank piece of paper with this question Number 2 and write your response to this question on this paper. You will have time at the end of the exam to upload a photograph of your answer. Do not your phone or device until you have submitted your exam and are presented with the Hybrid Sheet upload page