1 {1U E511 Dhl 2 2 Break Even Analysis and CUP Graphing 3 Horace Society is planning its annual Western Fair Raceway Gala. The Gala committee has 4 assembled the following expected costs for the event: 5 E- Dinner[per person} 511:] T Gaming tokens and program [per person} $2 3 Prize payouts $4,300 9 Tickets and advertising $800 10 Private box suite rental $1,?00 11 Lottery licences $200 12 13 The committee members would like to charge $10 per person for the evening's activities. 15 Required: 1. Compute the breakeven point for the Gala [in terms of the number of persons that must 1? attend.} 2. hssume only zoo persons attended the Gala last year. If the same number attend this 19 year, what price per ticket must be charged to break even? 3. Using the S'Aticket price per person amount, prepare a C'v'P graph for the Gala from zero 21 tickets up to 500 tickets sold. 9