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Chapter 5 Exercises i Saved Required information [The following information applies to the questions displayed below.] Part 1 of 2 The Hartford Symphony Guild is
Chapter 5 Exercises i Saved Required information [The following information applies to the questions displayed below.] Part 1 of 2 The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event: 10 points eBook Dinner (per person) Favors and program (per person) Band Rental of ballroom Professional entertainment during intermission Tickets and advertising $ 17 $ 3 $ 600 $ 200 $ 400 $ 800 Print References The committee members would like to charge $30 per person for the evening's activities. 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 100 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even? persoll 1. Break-even point Ticket price per person to 4. break even
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