Baird Entertainment sponsors rock concerts. The company is considering a contract to hire a band at a cost of $100,000 per concert.

Required

1. What are the total band cost and the cost per person if concert attendance is 8,000, 8,500, 9,000, 9,500, or 10,000?

2. Is the cost of hiring the band a fixed or a variable cost?

What are the total band cost and the cost per person if concert attendance is 8,000, 8,500, 9,000, 9,500, or 10,000? (Round Cost per person answers to 2 decimal places.)

Number attending	8,000	8,500	9,000	9,500	10,000
Total cost of concert
Cost per person