You are part of a group of owners who wish to invest money into a new tour business. Use the information below to calculate the required information asked of you for this question, using the Bottom-Up Pricing method.

*Note*

Only find the answer to the single question being asked of you in this question; do not complete all the Bottom-Up Pricing steps. Previous steps information is provided below to assist you.

Calculate the estimated total variable costs of the business. Round to the nearest dollar.

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Revenue	$447235
New Equipment Value	$157392
Loan Amount	$130925
Interest Rate %	10%
Food Cost %	19%
Variable Wage %	22%
Other Variable Expenses %	22%
Maximum # of Tour Guests per Tour	33
Average Occupancy % of Tours	79%
# of Tours per month	21