Problem 3 Parokya ni Edgar Band will perform at the Eastern Visayas State University soccer field (2,500-person capacity) on February 12, 2022 during the Foundation Day Celebration of the University. The school administration has approached the Junior Philippine Institute of Accountants (JPIA) to take charge of the said event. The university will be charging JPIA for P105,000 for the facilities and P8 for each ticket sold. The organization asks you, as a member of JPIA to determine how much to charge for each ticket. The JPIA organization wants to make a profit of P40 per ticket sold. You assume that 1,500 tickets will be sold. Problem 4 Savoury Foods, Inc. prepares meals for several airlines, and sales average 300,000 meals per month. The significant costs of each meal prepared are for the meat, vegetables, plastic trays and utensils; no desserts are provided because the airlines are concerned about cost control. The company prepares meals in batches of 1,000. The data are shown in the company's accounting records for June 2021: Cost of meat for 1,000 meals 18,000 Cost of vegetables for 1,000 meals 7.200 Cost of plastic trays and utensils for 1,000 meals 2,400 Direct labor cost for 1,000 meals 19,000 Monthly overhead charges amount to 24,000,000 and are fully fixed. Company management has asked you to answer the following items.