QUESTION 24

The Kendikei Literary Guild is planning its annual gala. The gala committee has assembed the following expected costs for the event:

Dinner (per person)				$ 21
Favors and program (per person)				$ 2
Band				$ 1,275
Rental of ballroom				$ 510
Professional entertainment during intermission				$ 1,020
Tickets and advertising				$ 2,295

The committee members would like to charge $40 per person for the evening's activities.

Assume that last year only 200 people attended the gala. If the same number attend this year, what price per ticket must be charged in order to break even? Do not include a dollar sign in your response.