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! Required information Exercise 6-16 (Static) Break-Even Analysis and CVP Graphing (L06-2, L06-4, LO6-5] [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 $ 18 $ 2 $ 2, 800 $ 900 $ 1,000 $ 1,300 The committee members would like charge $35 per person for the evening's activities. Exercise 6-16 (Static) Part 1 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 300 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even? 400 persons 1. Break-even point 2. Ticket price per person to break even $ 40