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What was the average after-costs revenue

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Question - The Brookshire Country Club rents its ballroom for weddings and provides food and beverages services for those using its facility. Last year, the Club hosted 25 wedding events.

The total revenue derived from these events was $225,000. The product (food and beverage) costs associated with each wedding averaged 31.5 percent. All other variable costs for each event averaged 48.5 percent. What was the average after-costs revenue (in dollars and percent) achieved by the Club for each wedding event?

Reference no: EM132639352

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