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Dinner (per person) $ 21 Favors and program (per person) $ 2 Band $ 1,275 Rental of ballroom $ 510 Professional entertainment during intermission $
| Dinner (per person) | $ 21 | |||
| Favors and program (per person) | $ 2 | |||
| Band | $ 1,275 | |||
| Rental of ballroom | $ 510 | |||
| Professional entertainment during intermission | $ 1,020 | |||
| Tickets and advertising | $ 2,295 | |||
The company would like to charge $40 per person for the evening's events.
If the company sells 360 tickets, what is its margin of safety percentage?
Round answer to closest whole percentage.
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Financial Accounting For Decision Makers
Authors: Peter Atrill, Eddie McLaney
10th Edition
1292409185, 9781292409184
