Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units):

Sales	$ 85,000
Variable expenses	59,500
Contribution margin	25,500
Fixed expenses	20,400
Net operating income	$ 5,100

12. What is the degree of operating leverage? (Round your answer to 2 decimal places.)

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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)	$ 13
Favors and program (per person)	$ 3
Band	$ 1,000
Rental of ballroom	$ 600
Professional entertainment during intermission	$ 400
Tickets and advertising	$ 2,000

The committee members would like to charge $36 per person for the evenings 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 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? (Round your answer to the nearest whole dollar amount.)