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Lady GAGA is having a concert at MSG. Here are the facts: Sales Price - Courtside seats - $2,000 per ticket Sales Price - Section

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Lady GAGA is having a concert at MSG. Here are the facts: Sales Price - Courtside seats - $2,000 per ticket Sales Price - Section 100 seats - $500 per ticket Sales Price - Section 200 seats - $350 per ticket Sales Price - Section 300 seats - $200 per ticket Variable cost - Courtside seats - $300 per ticket Variable cost - Section 100 seats - $100 per ticket Variable cost - Section 200 seats - $50 per ticket Variable cost - Section 300 seats - \$20 per ticket Security salaries $130,000 Lighting cost - $110,000 Band/Dancers - $108,400 MSG rental fee $2,000,000 MSG seat mix:Courtside 10%. Section 10020%, Section 20030%, Section 30040% Answer the following: 1) Total Fixed Costs: 2) Contribution Margin for Section 100: 3) Contribution Margin for Section 300: 4) Weighted Average Contribution Margin: 5) How many Courtside seats needs to be sold to breakeven: 6) How many Section 200 seats needs to be sold to breakeven: 7) How many seats need to be sold for Lady GAGA to make $500,000

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