Question: Exercise 11-10 Fixed versus variable cost behavior LO 11-1, 11-2 Moore Entertainment sponsors rock concerts. The company is considering a contract to hire a band

Exercise 11-10 Fixed versus variable cost behavior LO 11-1, 11-2

Moore Entertainment sponsors rock concerts. The company is considering a contract to hire a band at a cost of $105,000 per concert.

Required
a.

What are the total band cost and the cost per person if concert attendance is 2,000, 2,500, 3,000, 3,500, or 4,000? (Round Cost per person answers to 2 decimal places.)

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