Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

Exercise 77

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