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

Exercise 11-10 Fixed versus variable cost behavior LO 11-1, 11-2 Franklin Entertainment sponsors rock concerts. The company is considering a contract to hire a band at a cost of $95,000 per concert Required a. What are the total band cost and the cost per person if concert attendance is 11,000, 11,500. 12.000, 12.500 or 13,000? b. Is the cost of hiring the band a fixed or a variable cost? Complete this question by entering your answers in the tabs below. Required Required What are the total band cost and the cost per person if concert attendance is 11.000, 11,500, 12,000, 12,500, or 13.000? (Round "Cost per person" answers to 2 decimal places) 11,000 11.500 12.000 12.500 13.000 Number attending Total cost of concert Cost per person Required)

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