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

Exercise 11-10A (Algo) Fixed versus variable cost behavior LO 11-1, 11-2 Finch Entertainment sponsors rock concerts. The company is considering a contract to hire a band at a cost of $100,000 per concert Required a. What are the total band cost and the cost per person If concert attendance Is 12,000, 12,500, 13,000, 13,500, or 14,000? 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 A Required B What are the total band cost and the cost per person if concert attendance is 12,000, 12,500, 13,000, 13,500, or 14,000? (Round "Cost per person" answers to 2 decimal places.) Number attending 12,000 12,500 13,000 13.500 14,000 Total cost of concert Cost per person Requireil A Required B Exercise 11-10A (Algo) Fixed versus variable cost behavior LO 11-1, 11-2 Finch Entertainment sponsors rock concerts. The company is considering a contract to hire a band at a cost of $100,000 per concert Required a. What are the total band cost and the cost per person if concert attendance is 12,000, 12,500, 13,000, 13,500. or 14.000? 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 A Required B Is the cost of hiring the band a fixed or a variable cost? Since the cost of hining a band remains at regardless of the number attending, tina
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