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1. The Management of The Miller Comm unity Performing Arts Center is trying to determine how many tickets they need t o sell for their
1. The Management of The Miller Community Performing Arts Center is trying to determine how many tickets they need to sell for their annual Holiday Fundraising Event in order to break even. They estimate total fixed costs to be $400,000. Variable cost per ticket is $10. And they are planning on charging $60 per ticket. How many tickets do they have to sell to break even? a. Show your work, explain your answer
1. The Management of The Miller Community Performing Arts Center is trying to determine how many tickets they need to sell for their annual Holiday Fundraising Event in order to break even. They estimate total fixed costs to be $400,000. Variable cost per ticket is $10. And they are planning on charging $60 per ticket. How many tickets do they have to sell to break even?
a. Show your work, explain your answer
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