Not-for-Profit Applications Determine the solutions to each of the following independent cases:

(a.) Collings College has annual fixed operating costs of $11,500,000 and variable operating costs of $1,000 per student. Tuition is $8,000 per student for the coming academic year, with a projected enrollment of 1,500 students. Expected revenues from endowments and federal and state grants total $150,000. Determine the amount the college must obtain from other sources. $Answer

(b.) The Collings College Student Association is planning a fall concert. Expected costs (renting a hall, hiring a band, etc.) are $33,000. Assuming 3,000 people attend the concert, determine the break-even price per ticket. How much will the association lose if this price is charged and only 2,700 tickets are sold? (Do not use a negative sign with your answer.) $Answer

(c.) City Hospital has a contract with the city to provide indigent health care on an outpatient basis for $26 per visit. The patient will pay $5 of this amount, with the city paying the balance ($21). Determine the amount the city will pay if the hospital has 10,000 patient visits. $Answer

(d.) A civic organization is engaged in a fund-raising program. On Civic Sunday, it will sell newspapers at $1.35 each. The organization will pay $0.75 for each newspaper. Costs of the necessary permits, signs, and so forth are $500. Determine the amount the organization will raise if it sells 4,500 newspapers. $Answer

(e.) Christmas for the Needy is a civic organization that provides Christmas presents to disadvantaged children. The annual costs of this activity are $6,000, plus $10 per present. Determine the number of presents the organization can provide with $22,000. Answer presents