Assignment 4.1. Assessing Fixed, Variable, and Total Costs of a Program HFA has recently received a contract from the state government to start a job training program. The program will last for 1 year and will likely continue in the future. The program will need a director with a salary of $70,000 per year. The esti- mated rent for a Facility to house the program is approximately 520.000 for the next [2 months The utilities. insurance, and custodial services are estimated to be $10,000 yearly. The facility can accommodate up to 100 people. The program will also hire teachers! trainers. each of whom can teach up to 20 trainees The salary for each teacher is 550.000 per year. Each of the program participants will receive a set of textbooks and other teaching materials, estimated at $1.000 per person. For simplicity. other potential oosts are not con sidcrcd for this case What are the program's xed. variable. step. total. and average costs if it enrolls 50 students? Assignment 4.2. Considering Program Expansion with Marginal Analysis After a successful start of the job training program. the state government has contacted HFA for an additionaI 10 new trainee spots, which would expand the current career training program to a total of 60 trainees. The statc is willing to pay $3,000 each for the 10 extra Spots, which is lower than current average cost. keep- ing the reimbursement rate for the 50 existing seats unchanged. The facility has the capacity for 100 students and the number of existing teachers can handle an addi- tional 10 students. If only' nancial viewpoints are considered, should the HFA. accept this offer From the state