Question: Question 1 2 ( 1 0 points ) The county department of economic development has decided to offer a job training program that will provide

Question 12(10 points)
The county department of economic development has decided to offer a job training program that will provide instruction in bookkeeping skills.
They have already secured
a grant from the state for $25,000 to support the program throughout its first year,a $10,000 loan from a local bank charging an annual interest rate of 3.0%.
They plan to use the entire proceeds of the loan to purchase 20 computers, which have a useful life of 10 years and no salvage value.
The program will last 20 weeks each year, and they expect to charge participants $250 for the entire program.
The county plans to hire an administrator to run the program, with an annual salary of $40,000 plus an additional 10% of salary in benefits.
Providing teaching materials will cost $10 per participant per week.
[Note: Round your answers to TWO decimal places. You can include symbols ($) or commas in your answers.]
A) How many people must sign up for the program in order for it to break even?[Blank 1]
B) How many people must sign up if the target profit is $250 per week?[Blank 2]
C) Total fixed costs per week are: $[Blank 3]
D) Increase in which of the following variables would result in your answer to part A) increasing?
Variable Revenue
Variable Cost
Fixed Revenue
[Write the WHOLE number corresponding to the correct option - e.g.1 or 2 or 3]=[Blank 4]
Question 12 options:
Blank # 1Blank # 2Blank # 3Blank # 4

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