You want to put up a 3-day seminar on Outcomes-based Education. Following are some particulars from your budget for the activity: Round trip plane fare for the resource speaker from Mla - P5,000 Hotel and food for the resource person - P1,500/day Resource speaker's honorarium - P10,000/day Food for participants: Refreshments P 100/day Meals P150/pax/day Kit & Misc P 50/pax The venue will be the AV Room of the host school. Regular maintenance cost of the AV Room is as follows: Utilities - P500/day Janitorials - P500/day Incremental cost for the use of the facility will be as follows: Utilities will increase by P200/day Janitorials will become P600/day. The participants can afford to pay a maximum of P1,000 registration fee/day only. There are 120 prospective participants. Instructions: With the details above, please answer the following questions: 1. How much registration fee do you need to charge to cover the cost of the activity, assuming that the host school will absorb the cost of the venue? Computation and answer: 2. Suppose you want to limit the number of participants per session to 50, how much will be the registration fee? Computation and answer: 3. If you want to make this an income-generating project and would like to raise P50,000 from the proceeds, how much registration fee must you charge if you are expecting 120 participants? Computation and answer: