A local charitable organization wishes to rent a hall for $6,000 per month in order to hold a square dance as a fundraiser. The terms of the agreement are that the organization may use hold up to two dances each month. Each dance requires a caller who charges $500 per dance, as well as refreshments and decorations costing $10.00 per person. On average, each person attending will spend $40.00 and about 1,000 people will attend each dance. A door prize of $10,000 will be awarded at each dance. The organization is considering holding 2 dances each month with 1,000 persons attending each dance. If the organization holds 2 dances per month, what would be the average cost per dance?

26,500

24,500

27,200

23,500

Newell Company wishes to earn pretax income of $30,000. Total fixed costs are $84,000, and contribution margin per unit is $6.00. How many units must be sold to earn the targeted net income?

21,500

17,000

19,000

14,000

A local charitable organization wishes to rent a hall for $6,000 per month in order to hold a square dance as a fundraiser. The terms of the agreement are that the organization may use hold up to two dances each month. Each dance requires a caller who charges $500 per dance, as well as refreshments and decorations costing $10.00 per person. On average, each person attending will spend $40.00 and about 1,000 people will attend each dance. A door prize of $10,000 will be awarded at each dance. If the organization holds 12 dances per year and 1,000 people attend each one, what is the average cost per dance?

24,000

27,200

26,500

22,500