Please ensure you show all calculations, and label the calculation components.

Christine Dandra owns a catering compan seasonal, with a heavy schedule during the summer months and holidays and a lighter schedule at other times. y that serves food and beverages at exclusive parties and business functions. Dandra's business is One of the major events that Dandra's customers request is a cocktail party. She offers a standard cocktail party and has estimated the cost per guest for this type of party as follows: $19.00 Food and beverages Labour (0.5 hour@ $15.00 per hour) Overhead (0.5 hour @ $20.50 per hour) Total cost per guest $ 7.50 $10.25 $36.75 The standard cocktail party lasts three hours and Dandra hires one worker for every six guests, which one half-hour of labour per guest. These workers are hired only as needed and are paid only for the hours they actually work. Dandra ordinarily charges $50 per guest. She is confident about her estimates of the costs of food and beverages and labour but is not as comfortable with the estimate of overhead cost. The $20.50 overhead cost per labour hour was determined by dividing total overhead expenses for the past 12 months by the total labour hours for the same period. Monthly data concerning overhead costs and labour hours appear belovw Month Labour Hours January February March April May June July 1,500 1,560 1,800 2,520 2,700 3,300 3,900 Overhead Expenses $48,400 47,620 52,800 56,320 58,960 62,480 65,120