Dalton Convention Center: A Beacon Or White Elephant? Case Study Questions Using Word or Excel or a combination of both, please answer the following questions regarding the case study.

$1.$ Identify the costs that are fixed, variable, and semivariable. State your rationale for the categorization.

$2.$ Prepare a contribution margin income statement.

$3.$ Estimate the current continuing funding requirements to the city and county for operating the center. How does that compare to the funding requirements if the center was shut down or closed? Why are they different?

$4.$ Consider the center$$s economic impact on the community. Discuss the advantages and disadvantages of relying on economic impact to justify operating the center. Is the center$$s economic benefit enough to justify the center$$s continued operation from a financial standpoint?

$5.$ Can you think of strategies for generating additional revenue or reducing costs for the center?