The Museust of Modem Ant is preparing for its annual appreciation dinner for contributing members....

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Accounting

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The Museust of Modem Ant is preparing for its annual appreciation dinner for contributing members. Last year, 550 rientiers athended the dinner. Tokets for the dinner were $30 per atterded The proft repont for last yearhs dinner follows. Clok the icon to view the profit report.) This year the dinner committee does not want to lose money on the diner. To help achieve ts goal, the committee ansyzed tast years coats or tha $16,900 cost of the dinnat, st oco were fised costs and $9,900 were variatie costs. Or the $3,000 cost of invitations and paperwork, $2.175 were ficed and $925 were variable: Reed the feguremerits. Requirement 1. Prepare last year's proff report using the conthibuton margin format. (Use pareritheses or a minis sign when antering weates.) When ortaring losses ). If the museum expands tho dromer irwitaton list, the profit (abss) will be appreciation dinner for contributing members. Last year, 550 members attended the dinner. Tickets for the dinner were $30 per a money on the dinner. To help achieve its goal, the committee analyzed last year's costs. Of the $16,900 cost of the dinner, $7,000 cost of invitations and paperwork, $2,175 were fixed and $825 were variable. ng the contribution margin format. (Use parentheses or a minus sign when entering losses.) Data table panding this year's dinner invitation lis nittee expands t culate the effect this will have on the the profit (loss) will be

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