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 picnic and an evening formal dinner. The breakdown of the costs follows: Activities (and cost drivers) Advertising (parties) Planning (parties) Renting equipment (parties, guests) Obtaining insurance (parties) Serving (parties, servers) Preparing food (guests) Afternoon Picnic Formal Dinner $101 per party $ 74 per party $ 44 per party plus $ 12 per guest $190 per party s 46 per server per party $ 22 per guest $ 101 per party $ 118 per party S 73 per party plus $ 22 per guest $390 per party 84 per server per party 27 per guest Per party costs do not vary with the number of guests. Required a. Compute the cost of a 20-guest afternoon picnic. picnic b. Compute the cost of a 20-guest evening formal dinner. Evening formal din 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.) Charging Amount Afternoon picnic Formal dinner per guest per guest