You Are Planning a Retirement Party and Have Rented Space

Multiple Choice

You are planning a retirement party and have rented space at a capacity of 80 people at a total cost of $800 for the evening. Food is expected to cost $34 per person. Drinks will be provided to attendees at a rate of $8 per drink and each attendee is expected to have on average, two drinks. At capacity, how much total cost will you generate if you charge each attendee $62?

A) $3,360
B) $4,160
C) $4,000
D) $4,800