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700 points The Westwood Management Association held its annual public relations luncheon in April 2013. Based on the previous year's results, the organization allocated $23,312of its operating budget to cover the cost of the luncheon. To ensure that costs would be appropriately controlled, Andrea Cole, the treasurer, prepared the following budget for the 2013 luncheon The budget for the luncheon was based on the following expectations. 1 The meal cost per person was expected to be $12 20. The cost driver for meals was attendance, which was expected to be 1,440 individuals 2 Postage was based on $0.52 per invitation and 3,200 invitations were expected to be mailed The cost driver for postage was number of invitations mailed 3 The facity charge is $1.400 for a room that will accommodate up to 1,600 people, the charge for one to hold more than 1,600 people is S1900 4 A fixed amount was designated for printing, decorations, the speaker's gim and publicty WESTWOOD MANAGEMENT ASSOCIATION Public Relations Luncheon Budget Apr 2013 $23,312 Operating funds allocated 17,568 Meals (1.440 x $1220 Postage (3,200x 0.52) Decorations a O Type here to search