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County Symphony is preparing for a special holiday concert. Fixed costs associated with the concert are as follows. Rental of performance venue Performer compensation
County Symphony is preparing for a special holiday concert. Fixed costs associated with the concert are as follows. Rental of performance venue Performer compensation $4,000 $22,000 In addition, County Symphony must pay a local amusement tax of $7 for each concert ticket sold. The performance venue has seating capacity for 750 patrons. County Symphony has sold 500 tickets for the concert at $65 each. A local prep school has offered a flat contribution of $3,500 for 100 tickets for their staff. If County Symphony accepts the offer from the prep school, profits will change by which of the following?
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