How do I find COGS with given information below?

How do I do the differential analysis to determine the return on investment and payback period for both residential parties?

 

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Type Birthday Party average cost for 1 hr. Corp events 2hrs for 2 Disney Characters musical performance, pictures, games, dances and cottong candy Birthday Parties/Year 1 Birthday Parties/Year 2 Birthday Parties/Year 3 150 150 150 # of Booked Events Average 10 shows per weekend 160 400 560 Birthday Party Sales 24,000 60,000 84,000 Cost of Goods Sold (Sales) 48,000 Contribution Margin 12,000 Type Birthday Party average cost for 1 hr. Corp events 2hrs for 2 Disney Characters musical performance, pictures, games, dances and cottong candy Birthday Parties/Year 1 Birthday Parties/Year 2 Birthday Parties/Year 3 150 150 150 # of Booked Events Average 10 shows per weekend 160 400 560 Birthday Party Sales 24,000 60,000 84,000 Cost of Goods Sold (Sales) 48,000 Contribution Margin 12,000

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Ill break down the methods to calculate the Cost of Goods Sold COGS and then do a differential analy... View the full answer