Daniel Jackson owns a catering company that prepares banquets and parties for individual and corporate functions throughout the year. Jackson's business is seasonal, with a heavy schedule during the summer and on year-end holidars and a light schedule the rest of the year. Fixed operating costs are incurred evenly throughout the year. One of Jackson's most requested functions is a cocktail party. Daniel has developed the following costs per person for a standard cocktail party: (a) Your answer is correct. F. Aulobiny Based on absorption costing, what is Jackson's cost per person? Based on variable costing, what is his cost per person? (Rou Apple iphone Select to choose whit answers to 2 decimal places, eg. 15.25.) Based on absorption costing, what is Jackson's cost per person? Based on variable costing, what is his cost per person? (Round answers to 2 decimal places, eg. 15.25.) Jackson has been asked to bid on a 270-person cocktail party to be given next month. What is the minimum price he should bid for the party? Minimum price Jackson should bid for the party Your answer is correct. Jackson prices his cocktail parties by adding a 20% markup to his costs. What price will Jackson charge per person if he uses absorption costing? If he uses variable costing? (Round answers to 2 decimal places, eg. 15.25.) eTextbook and Media Attempts: 1 of 3 used (c1) Jackson has been asked to bid on a 270-person cocktail party to be given next month. What is the minimum price he should the party