Problem $4-52($Algo$)$ Pricing Decisions $($LO $4-2)$

Frederick's Motivational Workshops $($FMW$)$ offers hands$-$on workshops by noted experts on various business and life$-$skill topics, such as sales techniques, negotiation, and leadership. FMW works exclusively with corporate clients, so that the participants in any one workshop are all from the same organization. Halleck Industries has contacted FMW about offering one or more workshops on change management to be hosted on the FMW campus. Halleck is considering three alternatives. The first would be a single workshop for $10$ senior leaders. The second would be for $5$ workshops for $90$ functional area managers $(18$ managers per workshop$).$ The third would be $10$ workshops for $150$ fast$-$track managers in the operations and human resources areas. At this time, Halleck plans to only select one, if any, of the three alternatives based on the proposed price from FMW$.$ The financial staff at FMW has put together the estimated differential cost related to the three. alternatives:

$\backslash$table$[[$Initial costs to design workshop $($independent of the number of workshops$),$$$6,400$