Exercise 6-16 Break-Even Analysis and CVP Graphing (LO6-2, LO6-4, LO6-5] The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event: Dinner (per person) Favors and program (per person) Band Rental of ballroom Professional entertainment during intermission Tickets and advertising $ 24 $ 2 $1,400 $ 700 $1,400 $3,500 The committee members would like to charge $40 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 400 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) persons 1. Break-even point 2. Ticket price per person to break even