Question
QUESTION 25 The Kendikei Literary Guild is planning its annual gala. The gala committee has assembed the following expected costs for the event: Dinner (per
QUESTION 25
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.
If the committee would like to achieve a desired target profit of $1,700, how much total dollar ticket sales will they need to generate? Do not include a dollar sign in your response.
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Advanced Management Accounting Pearson New International
Authors: Robert Steven Kaplan, Anthony A. Atkinson
3rd Edition
1292026596, 978-1292026596
