Question: Question 5 (5 points) You are the Program Manager for an adult basketball league trying to determine how much you should charge teams entering the

Question 5 (5 points) You are the Program Manager for an adult basketball league trying to determine how much you should charge teams entering the league. Looking at your organization you determine that your total fixed cost are $800,000 to run the league. In addition to these cost, you also have variable cost of $400,000. Having run the league in the last your know that your total hours of operation will be 3,000. Calculate the price that you must charge to break-even. (round to answers to nearest cent). , Knowing that your business is not vulnerable to social and economic conditions in the are, you operate with only a 3% contingency rate. What is the total cost you will charge with the 3% contingency rate

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