Question
The chamber of commerce is planning it's July 4 gala ball. there are two possible venues.. a) country golf club which has a fixed rental
The chamber of commerce is planning it's July 4 gala ball. there are two possible venues.. a) country golf club which has a fixed rental cost of $2000 plus a charge of $80 per person for it's own catering of meals and serving of drinks b) Townhall which has a fixed rental cost of $6600. using Townhall the chamber of commerce can hire a caterer for meals and waiters to serve drinks at $60 per person... Note: The chamber budgets $3500 in costs of administration and marketing. The band will cost a fixed amount of $2500. Tickets to this prestige events will be $120 per person...... 1) compute breakeven point for each venue in terms of tickets sold.. 2) computer operating income if 150 attend. also for 300 attendance for the ball game
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