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This case is a continuation of the Caesars Entertainment Corporation serial case that began in chapter 1. Refer to the introductory story in Chapter 1
This case is a continuation of the Caesars Entertainment Corporation serial case that began in chapter 1. Refer to the introductory story in Chapter 1 (see page 43) for additional background. (The components of the Caesars serial case can be completed in any order.) Caesars Palace Las Vegas offers several wedding packages for on-site wedding ceremonies and/or receptions. Packages can include limousines, flowers, photographers, pianist/organist, and other services. Caesars charges a flat fee for the basic wedding package plus additional charges for a la carte or individually added-on items and services. Each wedding is facilitated by a Caesars wedding coordinator: assume that the planning services of a wedding coordinator are paid on an hourly basis. Would Caesars be likely to use a job costing system or a process costing system for determining the costs and profit for each wedding? Explain. If Caesars uses a job costing system for a wedding, describe what cost items might be included in each of the following categories: a. Direct material b. Direct labor c. Overhead
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