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

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.