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#2 Help, and please format in a orangized way if possible The Hartford Symphony Guild is planning its annual dinner-dance and assembled the following expected
#2 Help, and please format in a orangized way if possible
The Hartford Symphony Guild is planning its annual dinner-dance and assembled the following expected costs for the event: Dinner (per person) Favors and program (per person) Band Rental of ballroom Professional entertainment during intermission Tickets and advertising The expected ticket price is $40 per person. Required: 1. What is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. Assume that last year only 200 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged to break even? Note: Round your answer to the nearest whole dollar amount. 1. Break-even point 2. Ticket price per person to break even $ 21 $ 2 $ 1,275 $ 510 $ 1,020 $ 2,295 persons
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