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Your supervisor has asked you to plan a budget for a scavenger hunt event. The following are the details of the event: SHOW YOUR WORK!
Your supervisor has asked you to plan a budget for a scavenger hunt event. The following are the details of the event: SHOW YOUR WORK! Subsidization: Unit cost x (1-5) Unit Price: UC=(F+V)/N OR UC=(F+V+C[F+V])/N The event coordinator is paid $100 for organizing the event whether it goes on or not. The program runs from 6:00 pm to 9:00 pm Limo rental costs $250 per team of four participants. This fee is nonrefundable. A flat rate of $50 is charged for overhead costs. The supervisor is on-site during the event and is paid $12 per hour. He will arrive 30 minutes before the teams and will stay 30 minutes after the event. Include a 5 percent contingency fee. Each team needs two map packages at $17 each. Each team will require $5 in miscellaneous supplies (i.e., pens, paper, and so forth). This popular event has a maximum of 10 teams. Complete the following tasks: Determine the cost per team so that you make a 20% profit. Cost if subsidized by -20
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