Question
Blowout Renaissance Fair The cost of admittance and dinner is $30 per person (Fixed Cost). Live music - $3,000 per night (Fixed Cost) Rent for
Blowout Renaissance Fair
The cost of admittance and dinner is $30 per person (Fixed Cost).
Live music - $3,000 per night (Fixed Cost)
Rent for building - $2,700 (Fixed Cost)
Various Entertainment - $1,500 (Variable Cost)
Security Personnel - $1,000 (Variable Cost)
How many tickets do we need to sell to break even for one night of the renaissance fair?
What is the contribution margin?
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
3rd Edition
0139488944, 978-0139488948
