A theatre has two types of seats: regular seats sell for $16 and box seats sell for $20. Variable costs are $10 per seat, regardless of the type of seat. The theatre has 450 regular seats and 50 box seats and the seats and the seats are solid in the same ration, Fixed costs are per month $48,000.

1) What is the breakeven point in number of seats per month?

2) What is the breakeven point in sales per month?

3) Create the breakeven contribution income statement for one month.

Personal Note: I've been working on this problem for a LONGTIME and I cannot understand it :(