Noble Training recently started a business providing training events for corporations. In order to better understand the profitability of the business, the owners asked you for an analysis of costs - what costs are fixed, what costs are variable, and so on, for each training session. You have the following cost information.

PLEASE ANSWER THE FOLLOWING QUESTIONS WITH WORK SHOWN. THANK YOU SO MUCH.

1. Suppose 160 persons attend the next event. What is Noble Training's total net cost and the cost per attendee?

2. Suppose instead that 235 persons attend. What is Noble Training's total net cost and the cost per attendee?

3. How should Noble Training charge customers for their services? Explain briefly.

ALL INFORMATION IS GIVEN.

Noble Training recently started a business providing training events for corporations. In order to better understand the profitability of the business, the owners asked you for an analysis of costswhat costs are fixed, what costs are variable, and so on, for each training session. You have the following cost information: i (Click the icon to view the information.) i X i More Info arsus the number of guests $65,000 umber of guests. (Enlarge e $60,000- $55,000 $50,000 Trainer: $19.000 per session Materials: $3,000 per session and $40 per attendee Catering Costs (subcontracted): Food: $45 per attendee Setup/cleanup: 530 per attendee Fixed fee: $7,000 training session Noble Training is pleased with the service they use for the catering and have allowed them to place brochures on each dinner table as a form of advertising. In exchange, the caterer gives Noble Training a S700 discount per session. $45,000 Tot costs 40 $40,000- $35,000 $20,000- Fixed costs $25.000 Print Dane $20,000- $15,000- Variable casts and the cost per attendee? (Round your answers to the nearest cent.) $10,000- 55,000- SO 300 OK