Question

Wedding cost estimation: Given the following information, Calculate Bottom-up estimate. Note that members of the bridal...

Wedding cost estimation: Given the following information, Calculate Bottom-up estimate.
Note that members of the bridal party are already counted as guests, you don’t need to add them twice.

Calculate Bottom-up estimate:

Wedding Cost Estimates

Item

Dollars

Groom’s brother’s wedding, last year, 175 guests, similar venue and style

$20,300

Catering

$65 per person

Photographer

$1,500

Rental of hall

$500

Clothing, bride

$2,000

Clothing, groom

$750

Flowers

$800

Other décor items

$500

Cake

$500

Gifts for bridal party

$80 each

Wedding planner

$2,000

Wedding planner’s estimate of typical cost for this kind of wedding

$10,000 plus $75 per guest

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