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Calculate the costs for food, exhibition materials, and administrative costs for the Open-door day in 2023, given the total cost and the ratio of expenses.
Business/Management
ScanSolve AI Answer
Here are the solutions to the questions:
I. Cost Calculation
a) Find each of these costs for the Open-door day in 2023
The total cost in 2023 was . The costs are divided in the ratio 3:6:1 for food, exhibition materials, and administrative costs, respectively.
The sum of the ratio parts is .
Step 1: Calculate the cost of food.
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