Use the Following Data to Answer the Next 3 Questions

Use the following data to answer the next 3 questions. The Glorious hotel generally charges conference organisers $65 per delegate attending a one day conference. It also incurs $10 in variable costs per delegate. Over the last few years it has averaged 80 delegates for each conference sold. Last year the hotel incurred $88,000 of fixed costs and allocated $2,000 to each of the 44 conferences that it hosted.
-On average, what is the total contribution generated per conference sold?

A) $4,400.
B) $5,480.
C) $8,840.
D) $9,840
E) None of the above

Correct Answer:

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