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D) None of these answers are correct. Answer the following questions using the information below: ne ster College is planning to hold a fundraising banquet
D) None of these answers are correct. Answer the following questions using the information below: ne ster College is planning to hold a fundraising banquet at one of the local country clubs. It has two options for the banquet: OPTION 1: Crestview Country Club a. Fixed rental cost of $1,000 b. $12 per person for food OPTION 2: Tallgrass Country Club a. Fixed rental cost of $3,000 b. A caterer who charges $8.00 per person for food Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Tickets are expected to the event. be $30 per person. Local business supporters will donate any other items required for 2) 2) Which option provides the greatest degree of operating leverage if 600 people attend? A) Option one B) Option two C) Both options provide equal degrees of operating leverage. D) Operating leverage is indeterminable
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