Solution-Which option provides the least amount of risk

Which option provides the least amount of risk

Assignment Help Cost Accounting

Reference no: EM131912689

Answer the following questions using the informstion below:

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

Option one: Crestview country club

a. Fixed rental cost of $1000

b. $12 per person for food

Opyion two: Tallgrass Country Club

a. Fixed rental cost of $3000

b. $8.00 per person for food

Southwestern College has budgeted $1800 for marketing and administrative expenses. It plans to jire 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?

A. Option one

B. Option two

C. Both opyions provide the same amount of risk

D. It depends on how many donations it receives

Reference no: EM131912689

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Which option provides the least amount of risk

Reference no: EM131912689

Reference no: EM131912689

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