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ONY 25)Corp is holding a banquet and has two options: OPTION one: OPTION two: Fixed rental cost of $3,000 and $8 per person for

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ONY 25)Corp is holding a banquet and has two options: OPTION one: OPTION two: Fixed rental cost of $3,000 and $8 per person for food Fixed rental cost of $1,500 and $12 per person for food amount. How much is Corp's operating income in this situation? $40 per person. Assume that Corp sells exactly the number of tickets so that each option cost the same No matter which option Corp chooses, it will also spend $600 for a band. It will sell tickets to the banquet 1 100 600 income (which is after-tax operating income). Assume the tax rate is 40% and the contribution margin ratio 26) Corp believes that by spending $60 on an ad campaign, it will be able to generate an additional $24 in net (percentage) is 25%. By what dollar amount must the ad campaign increase sales so that operating income is the same whether or not the ad campaign is purchased? te of $12 per DLH. The following data apply to June

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