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Exercise 11-10A (Algo) Fixed versus variable cost behavior LO 11-1, 11-2 Baird Entertainment sponsors rock concerts. The company is considering a contract to hire a

image text in transcribed Exercise 11-10A (Algo) Fixed versus variable cost behavior LO 11-1, 11-2 Baird Entertainment sponsors rock concerts. The company is considering a contract to hire a band at a cost of $95,000 per concert. Required a. What are the total band cost and the cost per person if concert attendance is 13,000,13,500,14,000,14,500, or 15,000 ? b. Is the cost of hiring the band a fixed or a variable cost? Complete this question by entering your answers in the tabs below. What are the total band cost and the cost per person if concert attendance is 13,000,13,500,14,000,14,500, or 15,000 ? (Round "Cost per person" answers to 2 decimal places.)

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