Delta Chi Sorority is planning its annual Riverboat Extravaganza. Thr Extravaganza committee has assembled the following expected costs for the event:

Exercise 2 (Break-even Analysis and CVP Graphing) Delta.Chi Sorority Extravaganza committee has assembled the following expected costs for the is planning its annual Riverboat Extravaganza The event: Dinner (per person Favors and program (per person)... Band Tickets and advertising.... Riverboat rental... Floorshow and strolling entertainers. 1,500 700 4,800 1,000 Required: The committee members would like to charge P30 per person for the evening's activities. 1. Compute the break-even point for the Extravaganza (in terms of the number of persons that must attend) Assume that only 250 persons attended the Extravaganza last year. If the same number attends this year, what price per ticket must be charged to break even? 2. Refer to the original data (P30 ticket price per person). Prepare a CVP graph for the Extravaganza from a zero level of activity up to 600 tickets sold. Number of persons should be placed on the horizontal (X) axis, and pesos should be placed on the vertical (Y) axis. 3