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Required information Exercise 6-16 (Algo) Break-Even Ahalysis and CVP Graphing [LO6-2, LO6-4, LO6-5] [The following information applies to the questions displayed below.] The Hartford Symphony

image text in transcribed Required information Exercise 6-16 (Algo) Break-Even Ahalysis and CVP Graphing [LO6-2, LO6-4, LO6-5] [The following information applies to the questions displayed below.] The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event: The committee members would like to charge $40 per person for the evening's activities. Exercise 6-16 (Algo) Part 1 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 200 persons attended the dinner-dance. If the same number attend this year, what price per ticket must pe charged in order to break even? (Round your answwer to the nearest whole dollar amount.)

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