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Cathy, the manager of Cathy's Catering, Inc., uses activity-based costing to compute the costs of her catered parties. Each party is limited to 20 guests

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Cathy, the manager of Cathy's Catering, Inc., uses activity-based costing to compute the costs of her catered parties. Each party is limited to 20 guests and requires 4 people to serve and clean up. Cathy offers two types of parties, an afternoon plonic and an evening formal dinner. The breakdown of the costs follows: Activities and cost drivers Afternoon Plonie Formal Dinner Advertising (parties) $ 109 per party $109 per party Planning (parties) $ 68 per party $142 per party Renting equipment $ 49 per party plus $ 68 per party plus (parties, guests) $ 14 per guest $ 24 per guest Obtaining Insurance (parties) $220 per party $445 per party Serving parties, servers) $ 59 per server per party $ 81 per server per party Preparing food (guests) $ 20 per guest $ 28 por guest Per party costs do not vary with the number of guests Required: a. Compute the cost of a 20-guest afternoon picnic. Atmoon plonie b. Compute the cost of a 20-guest evening formal dinner. Evening formal dinner c. How much should Cathy charge for each guest for each type of party if she wants to cover her costs? (Round your answers to 2 decimal places.) Anemoon picnic Formal dinner Charging Amount per guest por el

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