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Managerial Accounting Exercise- Please use the answer from Exercise 7-6 to solve What If section. Please fill the chart as represented in the What If

Managerial Accounting Exercise- Please use the answer from "Exercise 7-6" to solve "What If" section. Please fill the chart as represented in the "What If" section.

image text in transcribed

Solve this, add the numbers in the chart as represented below: image text in transcribed

What-if? Consider the following after you have completed the requirements of E7-6. Suppose that Finn's Seafood Restaurant has also been approached by an engaged couple who want to hold their wedding reception at Finn's. The food costs are expected to be the same as estimated for the New England event, however, beverage costs are expected to be $32 per person. How much should Finn's charge per person for the wedding reception event in order to earn a $15 profit per attendee? Incremental costs: Cost savings: Charge per person

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