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belka [17]
2 years ago
6

Sarah is planning a party at a party hall. The meal option is $50 per person and includes the hall for free. The hall-only optio

n is $1,500 but allows an external caterer, which charges $30 per person. Sarah plans to invite 40 people. Which is a better cost comparison
Business
1 answer:
Tomtit [17]2 years ago
4 0

Answer:

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

Explanation:

given data

The meal option = $50 per person.

Hall free = $ 0 per person

total guest = 40

hall-only option = $1,500

external caterer = $30 per person

solution

when we go for meal option than hall free so total cost will be as

total cost = total guest  × $50 per person

total cost = 40 × $50

total cost = $2000

and

when we go for hall only option than total cost will be

total cost = total guest   × external caterer charge + hall-only option

total cost =  40  × $30 + $1500

total cost =   $2700

so

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

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Answer:

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2 years ago
Mayan Company had net income of $33,480. The weighted-average common shares outstanding were 9,300. The company declared a $4,00
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 Answer:

EPS = $3.17

Explanation:

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An Asian-American family whose relatives emigrated four generations ago has three children. The oldest son, George, is in medica
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2 years ago
On January 1, 2017, MM Co. borrows $350,000 cash from a bank and in return signs an 4% installment note for five annual payments
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Answer:

a. Journal entry to record the issue of notes

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Jan 1          Cash                                           350,000

                 Notes Payable                                                350,000

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