1. (a) Calculate the break-even ticket sales for each band. (b) Express your answer as a percentage of the estimated ticket sales. 2. (a) Assume the Charms are selected. Develop a table showing the profits on the dance at the following ticket levels: 150, 200, 250, and 300 (sellout). (b) Repeat part (a) assuming the Flames are selected. 3. How many extra tickets must be sold to compensate for the higher cost of the Flames? 4. If the dance is to raise $8,000, how many tickets must be sold if the Flames are used? The Charms? 5. Evaluate the proposal to lower the price of a ticket to $40. What implications, if any, does it have for the band choice? 6. Based on your previous answers and other information provided in the case, which band would you pick? Why? 7. The break-even and profit formulas you used are based on certain assump- tions. What are they? Are they likely to hold for this situation? Explain