prices of tickets

Adults $110

youth tickets $50

it is expected that for every three adults tickets sold ,four youth tickets would be sold.the sales mix has been proven to be relatively stable for event.

cost fixed cost per ticket for youth price per ticket adults

rental cost $200,000

insurance 100,000

talent booking fees 105000

talent commission $5 $20

Determine the break even point and sales needed to earn operating profits of $ 150,000.