Part 1 of 3 HW Score: 0 % 0 of 15 points O Points: 0 of 1 Save Peter is thinking of starting up a "Personal Financial Services" consultation in his spare time. The basic office equipment will cost $2210, and the variable cost (VC) for each consultation is estimated to be $13.85. He plans to bill each client $52.50 per consultation (a) What is the break-even quantity of consultations for Peter's "Personal Financial Services" operation? (b) If Peter's profit goal is $1600, how many consultations would he need to reach his goal? (c) Briefly explain the concept of a "Contribution Margin, and demonstrate how the Contribution Margin (CM) determined from the information above can be used to determine the same break-even quantity determined in part (a). (a) What is the break-even quantity of consultations for Peter's "Personal Financial Services operation? Peter has to make consultations to break even (Round to the nearest integer as needed) an example Get more help - Q Search Clear all ENG 11:57 PM