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Homework Help Save & E Che Exercise 5-16 Break-Even Analysis and CVP Graphing (LO5-2, L05-4, L05-5) The following information applies to the questions displayed below.)

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Homework Help Save & E Che Exercise 5-16 Break-Even Analysis and CVP Graphing (LO5-2, L05-4, L05-5) The following information applies to the questions displayed below.) 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 200 400 Bee The committee members would like to charge $30 per person for the evening's activities. Exercise 5-16 Part 1 Required: 1. What is the break-even point for the dinner-dance in terms of the number of persons who must attendi? 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? persons 1. Break even point 2. Ticket price per person to break even

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