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MCQ University charges a comprehensive annual fee of $15,800 for tuition, room, and board, and it has capacity for 2,500 students. The 15 points admissions

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MCQ University charges a comprehensive annual fee of $15,800 for tuition, room, and board, and it has capacity for 2,500 students. The 15 points admissions department predicts enrollment of 1,800 students for 2021. Costs per student for the 2021 academic year are as follows: Variable Fixed Total Educational program $5.100 $4,000 $9.100 Room 1,000 2,400 3,400 Board 2,500 500 3,000 $8.800 $6.700 515,500 "Based on 1.700-2.000 students for the year, The assistant director of admissions has proposed a 2-month advertising campaign using television advertisements, together with an extensive direct mailing of brochures Required: Al Suppose the advertising campaign will cost $1.11 million What is the minimum number of additional students the campaign must attract to make the campaign break even? (5 marks) B. Suppose the admissions department predicts that the campaign will attract 330 additional students. What is the most MCQ should pay for the campaign and still break even? (5marks) c. Suppose a 3-month (instead of 2-month) campaign will attract 440 instead of 330 additional students. What is the most MCQ should pay for the 1-month extension of the campaign and still break even? (5 marks) For the toolbar, press ALT+F10 (PC) or ALTHEN F10 (Mac)

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