Overview of Costing Stuff: PU$?$T YOUR THINKING CAP ON:

PROBLEM #$1$

Let's say that $3$ ?families are planning to go out to dinner $-$ ?the Eggenberger, the Desipris and the Markoff families.

a$)$ ?We estimate that the cost of the dinner will be $$300.$ ?No separate checks. How would you allocate $($spread$)$ ?the cost to each family? How much would each get? Why is this a good way?

b$)$ ?Now let's say that each family is bringing a different number of people. Is your method in $($a$)$ ?still a good one? Why or why not?

c$)$ ?Eggenberger announces that she will be coming to the dinner alone. Desipris will bring $2$ ?people. Upon hearing your answer in $($a$)$ ?above, Markoff decides to bring $7.$ ?NOW allocate the estimated cost of the dinner to each family.

d$)$ ?Why is this a better way?