The Internal Audit (IA) Branch provides internal control and fraud prevention training to department managers across the organisation. Costs associated with each one-day training programs comprise a flat $2250 booking fee for the corporate training room (which has a capacity of 50 participants) and the presenter's fee of $6700 per training session held. Additional costs include $55 per person for catering and $30 per person for course materials. The course is popular and has a waiting list. Required: (Round your answers to whole dollars). 1. What is the cost of running a training session? $ 2. What price will the IA Branch charge each attendee if the prices are set at cost-recovery only? $ 3. What would be the contribution margin per attendee? $ 4. If the IA Branch could secure a larger training room with twice the practical capacity, and the booking fee for this larger room was $3200, how much would they be able to reduce the registration fee charged to attendees and still break even (assuming they remain with the cost recovery strategy)? \$ Part B. (6 marks) Masked Productions was established two years ago to produce N95 facemasks. Production capacity is 45,000 facemasks, although the company is still trying to build its cilent base and is currently operating at 70 per cent capacity. Fixed production costs are $195,000 and variable production costs are $9 per unit. Facemasks are generally sold through Pharmacy franchises at price of 26 each. Masked Productions has received an offer from ACT Health to purchase a one-off order of 16,500 masks for $15 per unit. The ACT Health order will require additional delivery costs of $2 per mask. Required: (Round your answers to whole dollars). 1. What is the current contribution margin for Masked Productions? \$ 2. What would be the contribution margin for the special order? 3. If Masked Productions wanted to maximise profits for the current year, how many facemasks will be sold to ACT Health? tacemasks. How much profit would these sales contribute to the bottom line? $ order should not proceed, enter 0 for both answers)