Required information

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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)	$ 18
Favors and program (per person)	$ 2
Band	$ 2,800
Rental of ballroom	$ 900
Professional entertainment during intermission	$ 1,000
Tickets and advertising	$ 1,300

The committee members would like to charge $35 per person for the evenings 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 300 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even?