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ABC operates a catering company. ABC provides food and servers for parties; the company also rents tables, chairs, linens, chocolate fountains, tableware, and recommends florists on occasion The bride's parents contacted the company about catering for the wedding They have requested a quote on the following - 320 guests - 40 tables with colourful linens (8 guests per table) - Acash bar - A wedding cake - Fine China and crystal stemware Instructions The family had a budget of $8,000 to $9,000. The parents asked for a requote if there were 288 guests. Based on the above variable and fixed costs, develop an alternative bid for the parents. Write a short paragraph to explain to the family how they might be able to reduce costs