How to draw a graph for Revenue and Costs Total costs and unit costs. A student...
please solve 1-4 in detail please solve 1-3 in only 3-34. could you please tell why you solved the problem like that Chapter 2 An Introduction to Cost Terms and Purposes Function Representative Cost Driver 1. Accounting 2. Human resources 3. Data processing 4. Research and development 5. Purchasing 6. Distribution 7. Billing A. Number of invoices sent B. Number of purchase orders C. Number of research scientists D. Hours of computer processing unit (CPU) E. Number of employees F...
o cwl SA 20 A student association has hired a musical group for a graduation party. The cost will be a fixed amount of $4,800 Required 1. Suppose 400 people attend the party. What will be the total cost of the musical group? What will be the unit cost per person? 2. Suppose 4,000 people attend the party. What will be the total cost of the musical group? What will be the unit cost per person? 3. For prediction of...
The chamber of commerce is planning it's July 4 gala ball. there are two possible venues.. a) country golf club which has a fixed rental cost of $2000 plus a charge of $80 per person for it's own catering of meals and serving of drinks b) Townhall which has a fixed rental cost of $6600. using Townhall the chamber of commerce can hire a caterer for meals and waiters to serve drinks at $60 per person... Note: The chamber budgets...
4. You are treasurer of a professional organization that is planning a three-day conference in Chicago. The conference is to begin at 1:30 p.m. on Thursday, continue all day on Friday and end at noon on Saturday. Each person attending the meeting will have to pay a registration fee of $110. The conference hotel has quoted the following prices for services: Thursday p.m. Conference facilities rental (half day): $425; Audiovisual equipment rental: $55 Coffee-break service: $6 per person; Evening reception:...
6.2 The e conference department of the MerryWeather hotel in Inverness, Scotland has fixed costs of 360 dollar per day. A local university is seeking a quote in connection with a conference it is planning to hold next year. The university would like the hotel to provide the morning coffee, lunch, afternoon tea and to prepare conference materials to be distributed to all all conference attendees. The hotel's cost of providing food and drink during the day is 7 dollars...
5. Create a spreadsheet to calculate your projected total costs, total revenues, and total profits for giving a seminar on cost estimating. Make the following assumptions: You will charge $600 per person for a two-day class. • You estimate that 30 people will attend the class, but you want to change this input. Your fixed costs include $500 total to rent a room for both days, setup fees of $400 for registration, and $300 for designing a postcard for advertising....
Thursday afternoon Conference facilities rental $425 Coffee-break services $10 PER PERSON Audiovisual equipment rental $55 Evening reception $25 PER PERSON Friday Conference facilities rental $750 Coffee-break services, morning and $15 PER PERSON afternoon Continental Breakfast $15/PERSON Luncheon $20 PER PERSON Audiovisual equipment rental $150 Saturday Afternoon Conference facilities rental $375 Continental Breakfast $15 PER PERSON Coffee-break services $10 PER PERSON Audiovisual equipment rental $75 Program material and marketing would cost about $550. The association...
Please show work or explain to help me understand a little better. Thank you! The Public Budgeting and Finance Association is planning its annual conference. The conference hotel has quoted the following prices for services: Thursday afternoon Conference facilities rental: $425 Coffee-break service: $10 per person Audiovisual equipment rental: $55 Evening reception: $25 per person Friday Conference facilities rental: $750 Coffee-break service, morning and afternoon: $15 per person Continental breakfast: $15 per person Luncheon: $20 per person Audiovisual equipment rental:...
Southwestern College is planning to hold a fundraising banquet at one of the local country clubs. It has two options for the banquet: Option 1: Crestview Country Club Fixed rental cost of $1,000 $12 per person for food Option 2: Tallgrass Country Club Fixed rental costs of $3,000 A caterer who charges $8 per person for food Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Thickets are...
You are managing a conference at your college. Your fixed costs are $15,000. You must pay the 10 speakers $700 each and the college union $300 per conference participant for food and lodging costs. You are charging each conference participant who is not also a speaker $900, which includes the conference fee and food and lodging costs. (a) Develop a spreadsheet model to calculate the total profit of the conference if you have 100 paid registrants. (b) How many paid...