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What is the net income for ths raised by the dinner

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Question - Topeka Homeless Shelter (THS) has an annual fund-raising dinner. The fixed costs for the dinner are $10,000 and the variable costs are $100 per attendee. The facility where the event is held can accommodate 400 people. Again, suppose the event sells out at $150 per person. What is the net income (i.e. profit) for THS raised by the dinner?

Reference no: EM133042356

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