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The state health department plans to run a summer educational program for local government employees, funded in part through a $20,000 federal grant summer program
The state health department plans to run a summer educational program for local government employees, funded in part through a $20,000 federal grant summer program will take place over a week (7 days), and they expect to charge each participant $25 for attending. To administer the program, the department need to hire a facilitator dally rate. To rent out day. The department expects 400 people to participate in the program and will need to provide lunch each day. at a rate of $500 per day. The facilitator also expects the health department to reimburse her for a hotel ballroom for seven days will cost $15,000, and the department must also take out an insurance polley for an additional $00 per expenses, estimated at 12% of Note: Round your numbers to TWO decimal places, e-9.3212 A) How much B How much can the department afford to spend on food per participant per day if its target profit for the week is $20007 $ C) Total fixed costs for the week are: can the department afford to spend on food per participant per day if the goal is to break even? S D) Increase in which of the following variables would result in your answer to part A) decreasing? 1. Variable revenue 2. Fixed Revenue 3 Quantity winte the number corresponding to the correct option, e q 1 or 2 or 3
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