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Part A
To calculate the costs incurred for each seminar, why do they do the all inclusive fee per delegate less the contribution per seminar?
Doesn’t that give the selling price??
Because contribution = selling price – variable costs
and why do they only use the contribution per seminar for 400 places sold, what about 100 and 200?
Thanks in advance
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Here we know the sellig price (fee) and the contribution – so missing variable cost can be calculated from the following:
Selling price – Contribution = Variable costs
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