4. Pilgrim Industries, a 2,000-employee firm with 400 managers, holds 40 days of off-site meetings per year. Outside consultants develop and conduct the meetings, and, on average, 20 managers attend each meeting. The typical meeting lasts two full days. Last year, total program-development costs consumed $400,000. The average attendee’s salary (including benefits) was $91,000. To deliver each twoday meeting for 20 people, sleeping accommodations, food, telephone, and a cocktail reception cost $8,000. In addition, transportation, business services, meeting room, and audiovisual equipment rental totaled another $13,000. Determine the total per-day, per-person cost of one off-site meeting.