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Required information 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
Required information 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: Dinner (per person) $ 11 vors and program (per person) Band Rental of ballroom $1,140 $ 570 Professional entertainment during intermission 760 $1,330 Tickets and advertising The committee members would like to charge $32 per person for the evening's 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? 1. Break-even point 2. Ticket price per person to break even personS
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