The individual who is organizing the charitys fundraising event has indicated that he has

already received a bid under $30 from another catering company. Do you think Chavez

should bid below her normal $31 per guest price for the charity event? Why or why not?

D $15 $5 $6.99 $26.99 Overhead Expenses A A B C 1 Food and Beverages 2 Labor (0.5 hrs @ $10/hr) 3 Overhead (0.5 hrs @ $13.98/hr) 4 Total cost per guest 5 6 Month Labor Hours 7 8 January 2500 9 February 2800 10 March 3000 11 April 4200 12 May 4500 13 June 5500 14 July 6500 15 August 7500 16 September 7000 17 October 4500 18 November 3100 19 December 6500 20 21 Total 57600 $ 55,000.00 $ 59,000.00 $ 60,000.00 $ 64,000.00 $ 67,000.00 $ 71,000.00 $ 74,000.00 $ 77,000.00 $ 75,000.00 $ 68,000.00 $ 62,000.00 $ 73,000.00 $ 805,000.00