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This is all one big question according to chegg policy since it is one question you have to answer all of it Southwestern College is

This is all one big question according to chegg policy since it is one question you have to answer all of it

Southwestern College is planning to hold a fundraising banquet at one of the local country clubs. It has two options for the banquet:

OPTION 1: Crestview Country Club

a. Fixed rental cost of $1,000

b. $12 per person for food

OPTION 2: Tallgrass Country Club

a. Fixed rental cost of $3,000

b. A caterer who charges $8.00 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 least amount of risk?

Group of answer choices

Both options provide the same amount of risk.

Option one

Neither option has risks.

Option two

Which option has the lowest breakeven point?

Both options provide the same amount of risk.

Option one

Neither option has risks.

Option two

The lowest breakeven point cannot be determined.

Option one

Both options have the same breakeven point.

Option two

Which option provides the greatest operating income if 600 people attend?

Group of answer choices

Operating incomes are identical.

option one

Operating income is indeterminable.

option two

Which option provides the greatest operating income if 600 people attend?

Operating incomes are identical.

option one

Operating income is indeterminable.

option two

Which option provides the greatest degree of operating leverage if 600 people attend?

Group of answer choices

Operating leverage is indeterminable.

option two

option one

Both options provide equal degrees of operating leverage.

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