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Question 11 O out of 2 points Answer the following questions using the information below. Southwestern College is planning to hold a fund raising banquet

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Question 11 O out of 2 points Answer the following questions using the information below. Southwestern College is planning to hold a fund raising banquet at one of the local country clubs. It has two options for the banquet: OPTION Crestview Country Club a Fixed rental cost of $1,000 b. $12 per person for food OPTION: Tallgrass Cantry Ched a. Fixed rental cost of $3,000 b. A caterer who charges $800 per person for food Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Tickets are expected to be $30 per person. Local business supporters will donate any other items required for the event. Which option provides the greatest degree of operating leverage if 600 people attend? Selected Answer: Option one Option one Answers Option two Both options provide equal degrees of operating leverage Operating leverage is indeterminable

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