working solution please

3. Eastern Digital manufactures electronic equipment such as video recorders, considering manufacturing electronic planners and cameras but have the capacity to produce only one of them. Using the estimated costs of production and sales below, advice the management of Eastern Digital which product, if any, they should choose to manufacture, Support your answers with relevantares N 5120 Planners $100 2 S12 SK 4 $12 511 Materials (per unit) Labour hours Labour rate per hour) Overhead charges (per unit) Depreciation on equipment (per month) Administrative costs (per month) Estimated sales (per month) Selling price (per unit) 5200 SI 500 90 $210 SI SO SI500 SO $300 E Solution to check Breakeven point for planners: 22 units: for cameras: 14 units Ner income for planners: $ 5320; for cameras: $4,370 1 E S 4. The Institute of Engineers is planning a one-day seminar to outline developments within the profession. The seminar is designed to enhance the skills of those engineers already in the workforce. As part of the preparations the institute has gathered the following information in relation to the seminar. Lunches, morning and afternoon teas S25 per person Cost to advertise the event $500 Cost of preparing seminar booklets for attendees $20 per person Fee to be paid to the speaker 52 325 Hire of equipment (example: microphone, S500 speakers, overhead projector) Estimated number of people who will attend if the fee is $200 per person 40 E (1) Determine the number of attendee's required to enable the institute to break-even on the seminar. (ii) Calculate the profit if 40 people attend. (un)If it was estimated that 50 people would attend the seminar, what would be the break-even selling price? E Solution to check Breakeven : 21 people Profit if 40 people attend: $ 2,875 (iii) Breakeven selling price: $ 111.50 Ba $ 134