The Big Event (TBE) recently started a business organizing food and music at weddings and other large events. In order to better understand the profitability of the business, the owner has asked you for an analysis of costswhat costs are fixed, what costs are variable, and so on, for each event. You have the following cost information:

Music costs: $10,000 per event

Catering costs:

Food: $65 per guest

Setup/cleanup: $15 per guest

Fixed fee: $4,000 per event

Required

The Big Event has allowed the caterer, who is also new in business, to place business cards on each table as a form of advertising. This has proved quite effective, and the caterer gives TBE a discount of $5 per guest in exchange for allowing the caterer to advertise.

Required:

1. Suppose 150 persons attend the next event. What is TBEs total net cost and the cost per attendee?

2. Suppose instead that 200 persons attend. What is TBEs total net cost and the cost per attendee?

3. How should TBE charge customers for its services? Explain briefly.

( sir please give me the answer of all 3 requirements )