Kenneth Clark owns a catering company that prepares banquets and parties for individual and corporate functions throughout the year. Clark's business is seasonal, with a heavy schedule during the summer and on year-end holidays and a light schedule the rest of the year. Fixed operating costs are incurred evenly throughout the year. One of Clark's most requested functions is a cocktail party. Kenneth has developed the following costs per person for a standard cocktail party: (a) Based on absorption costing, what is Clark's cost per person? Based on variable costing, what is his cost per person? (Round answers to 2 decimal places, eg. 15.25.)