The Sunshine Selina Lotus Hotel generally charges conference organisers $65 per delegate attending a one day conference. It also incurs $10 in variable costs per delegate. Over the last few years, it has averaged 80 delegates for each conference sold. Last year the hotel incurred $88,000 of fixed costs.

On average, what is the total contribution generated per conference sold?

Answer rating: 100% (QA)

To calculate the total contribution generated per conference sold we need to consider t... View the full answer