Question
The Toxic Bank Band is holding a concert in Toronto. Fixed costs relating to staging a concert are $350,000. Variable costs per patron are $5.00.
The Toxic Bank Band is holding a concert in Toronto. Fixed costs relating to staging a concert are $350,000. Variable costs per patron are $5.00. The selling price for a ticket $25.00. The Toxic Bank Band has sold 23,000tickets so for.
How many tickets does the Toxic Band need to sell to break even?
a. 23,000
b. 20,000
c. 14,000
d. 17,500
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Quantitative Analysis For Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna
11th Edition
9780132997621, 132149117, 132997622, 978-0132149112
