Dana rand owns a catering company that prepares banquets and parties for both individual and business functions throughout the year. rand’s business is seasonal, with a heavy schedule during the summer months and the year-end holidays and a light schedule at other times. during peak periods, there are extra costs; however, even during nonpeak periods rand must work more to cover her expenses.

food and beverages $ 15

labor (.5 hr. @ $10 per hour) 5

overhead (.5 hr. @ $14 per hour) 7

total cost per person $ 27