The Camp: $50$ children will attend for $8$ weeks. $400$ camper$-$weeks is an appropriate BASE to use for determining the weekly fees

Seminar: All costs discussed in the case related to the seminar can be classified as either fixed or variable.

Only direct costs of the seminar should be considered. Do not include the indirect cost for staff support provided by the Harlan Foundation $($i$.$e$.$ salary for Coolidge, salary for other staff support at seminar, overhead charges$)$

Exhibit #$1$: Budget for The Camp

Staff salaries and benefits $$90,000$

Food $$19,000$

Operating Supplies $$4,000$

Telephone and Utilities $$9,000$

Insurance $$15,100$

Rental of Equipment $$7,000$

Contingency and miscellaneous $(5\%)$ $$7,200$

Total $$151,300$

Questions:

$1.$ What are the Fixed and Variable Costs for running the seminar?

$2.$ What is the breakeven fee that should be charged if $30$ people attend the seminar?

$3.$ What is the breakeven number of participants that must attend the seminar if a $$100$ fee is charged to each attendee?

$4.$ What is the breakeven number of participants that must attend the seminar if a $$200$ fee is charged to each attendee?

IMPORTANT! Could you please show the calculations used to obtain the answers to the questions at the end of the case. Thank you!