Required information [The following information applies to the questions displayed below.] A company is planning an event and has gathered the following costs: Food (per person) Gifts (per person) Musical group Facility rent Comedian Tickets and advertising $ 21 $ 2 $1,275 $ 510 $1,020 $2,295 The company wants to charge $40 per person for the event. Required: 1. In terms of the number of people who must attend, what is the break-even point for the event? 2. Last year only 200 people attended the event. If the same number attend this year, what price must be charged per person to break even? 1 Break-even point persons 2 Ticket price per person to break even