White Weddings has to decide whether to accept a contract to run a wedding. They want to
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White Weddings has to decide whether to accept a contract to run a wedding.
They want to make £2,000 profit and the fixed costs are £4,000. The contribution per guest (sale) after variable costs is £25. How many guests would there need to be in order for them to achieve their required profit from the event?
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Related Book For
Strategic Managerial Accounting: Hospitality, Tourism & Events Applications
ISBN: 1645
6th Edition
Authors: Tracy Jones, Helen Atkinson, Angela Lorenz, Peter Harris
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