Fee Setting

Samantha Pope

April 17, 2011

Proposed Seminar Budget

Conference room rental $175.00 $ 175.00

Audiovisual equipment Rental $ 75.00

4 presenters @ $500 $ 2,000.00

45 workbooks @ $15 $ 675.00

45 lunches @ $12 $ 540.00

45 coffees @ $3.50 $ 158.00

Subtotal $ 3,623.00

Indirect costs @ 25% of $3,675.00 $ 906.00

Subtotal $ 4,529.00

Profit margin @ 5% of $4,594.00 $ 227.00

Total $ 4,756.00

$ 4756.00 ÷ 45 = $105.69 fee per trainee for seminar

The fixed cost would be $2,000.00 for the presenters and the $75.00 for the audiovisual

rental. The total fixed costs would be $2,075.00. The variable costs would be $675.00 for the

workbooks, $540.00 for lunches, and $158.00 for the coffees, and the $175.00 for the conference

room rental. The total variable cost would be $1548.00.

I think for each trainee, they should be roughly about $106.00 per trainee for the seminar.

Someone has to pay for the presenters and the other necessary items that are needed in order to

properly teach this seminar.