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4 Required information 0.71 points eBook Exercise 6-16 Break-Even Analysis and CVP Graphing [LO6-2, LO6-4, LO6-5] (The following information applies to the questions displayed below]

4 Required information 0.71 points eBook Exercise 6-16 Break-Even Analysis and CVP Graphing [LO6-2, LO6-4, LO6-5] (The following information applies to the questions displayed below] The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event Dinner (per person) Print 0 18 Favors and progran (per person) Band $2,800 Rental of ballroom $900 Professional entertainment during intermission Tickets and advertising $1,000 $1,300 References The committee members would like to charge $35 per person for the evening's activities. Exercise 6-16 Part 1 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 300 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even? 1. Break-even point persons 2 Ticket price per person to break even

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