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What are the total band cost and the cost per person

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Reference no: EM132804853

Solomon Entertainment sponsors rock concerts. The company is considering a contract to hire a band at a cost of $65,000 per concert.

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Problem 1: What are the total band cost and the cost per person if concert attendance is 5,000, 5,500, 6,000, 6,500, or 7,000?

Problem 2: Is the cost of hiring the band a fixed or a variable cost?

Reference no: EM132804853

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