Question 31 (2 points) Next Generation clothing is going to host a fashion show to introduce a new line of clothing. The Director of Finance has established that any ancillary marketing activity must have a contribution margin of 42%. The costs to host the fashion show include $300 for room rent, $500 for rental of sound and stage equipment, plus $10 for courier costs. For each person attending the event, Next Generation will need to spend $11 per person for food, $6 per person for drinks and another $2 per person for ticket distribution. On top of all these costs, the event marketing agency estimates that Next Generation will need to spend $10,000 for advertising. What should Next Generation charge per person? $32.76 $45.24 O $29.31 O Cannot be determined with the information provided