Question 4 [12 points] A downtown bac hosts a live music event in order to...
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Accounting
Question 4 [12 points] A downtown bac hosts a live music event in order to increase sales. Whon analysing the sales and costs associated with the event the owner creates the following table: You may ignore all costs not mentioned above (for instance tho cost of creating a tickel). All your answers should be rounded to the nearest cent. a) What is the contribution marcin for a drinik sale? b) What is the contribution margin for a ficket sale? c) What is the total of the fixed costs? d) What is the total contribution margin for driniks sales? e) What is the total contribution marcin for ticket sales? f) What is the net income of the event? When calculating the fotal contribution margin for the whole event include both the total contribution margin of the drinks sales and the total contribution margin of the tickot sales
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