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##### Not-for-Profit Applications

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Not-for-Profit Applications;Determine the solution to each of the following independent cases;a. Hillside College has annual fixed operating costs of \$12,500,000 and variable operating costs of \$1,000 per student. Tuition is \$8,000 per student for the coming academic year, with a projected enrollment of 1,500 students. Expected revenues from endowments and federal and state grants total \$250,000. Determine the amount the college must obtain from other sources.;b. The Hillside College Student Association is planning a fall concert. Expected costs (renting a hall, hiring a band, etc.) are \$30,000. Assuming 3,000 people attend the concert, determine the breakeven price per ticket. How much will the association lose if this price is charged and only 2,700 tickets are sold?;c. City Hospital has a contract with the city to provide indigent health care on an outpatient basis for \$25 per visit. The patient will pay \$5 of this amount, with the city paying the balance (\$20). Determine the amount the city will pay if the hospital has 10,000 patient visits.;d. A civic organization is engaged in a fund-raising program. On Civic Sunday, it will sell newspapers at \$1.25 each. The organization will pay \$0.75 for each newspaper. Costs of the necessary permits, signs, and so forth are \$500. Determine the amount the organization will raise if it sells 5,000 newspapers.;e. Christmas for the Needy is a civic organization that provides Christmas presents to disadvantaged children. The annual costs of this activity are \$5,000, plus \$10 per present. Determine the number of presents the organization can provide with \$20,000

Paper#20787 | Written in 18-Jul-2015

Price : \$32