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An organization has come to your buffet restaurant and ask if you can host 100 people at $15.00 per person. You have determined that the
An organization has come to your buffet restaurant and ask if you can host 100 people at $15.00 per person. You have determined that the variable costs average 60%, and the fixed costs are $400.00 for the period that the group has requested. Should you accept this proposal based on your contribution margin and operating income? Total Sales Revenue Variable costs Contribution Margin Fixed costs Operating Income Should you accept the proposal? Total Marks ( Points)
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