5 O 5 DO Required information Exercise 5-16 (Algo) Break-Even Analysis and CVP Graphing (LO5-2, LO5-4, LO5-5) (The following information applies to the questions displayed below) The Hartford Symphony Guild is planning its annual dinner-dance. The dinner dance committee lids assembled the following expected costs for the event Dinner (per person) Favors and program (per person) Band $ 1,260 Rental of ballroom 630 Professional entertainment during Interation $ 1,200 Tickets and advertising $ 3,150 The committee members would like to charge $54 per person for the evening's activities. Print o References Exercise 5-16 (Algo) 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 200 persons attended the dinner-dance of the same number attend this year, what price per ticket must be charged in order to break even? (Round your answer to the nearest whole dollar amount.) persons 1 Break-even point 2 Ticket price per person to break even