Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman

Exercise 37

You are in charge of organizing the annual stockholders' meeting and luncheon for your company, Tundra Industries, Inc. The meal costs $13 per person, entertainment costs $2,100, facility rental is $880, invitations and annual report printing costs are $2,636, and other expenses come to $1,629. If 315 stockholders plan to attend:
a. What is the total cost of the luncheon?
b. What is the cost per stockholder?