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Summit Incorporated operates a concert series that has monthly fixed expense of $ 5 , 0 0 0 . In addition, the company pays distributors

Summit Incorporated operates a concert series that has monthly fixed expense of $5,000. In addition, the company pays distributors $2.00 per ticket sold. The following chart shows the number of tickets Summit expects to sell during the year.
January February March April May June July August September October November December Total
1,1809801,0805801,0801,3801,5201,08088098048078012,000
Assume Summit wants to earn $7.00 per concert attendee. How much should the company charge for a ticket in January?
Multiple Choice
$14.00
$7.00
$12.00
None of the answers are correct.
Incorrect

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