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Needing help with the following question. The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for

Needing help with the following question.

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) $14

Favors and program (per person) $7

Band $1,900

Rental of ballroom $1,200

Professional entertainment during intermission $2,000

Tickets and advertising $600

The committee members would like to charge $59 per person for the evening's activities.

Required: 1. Compute the break-even point for the dinner-dance (in terms of the number of persons who must attend).

___________Persons

2. Assume that last year only 250 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 answer to 2 decimal places.)

Ticket price per person to break even__________.

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