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[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
[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: The committee members would like to charge $40 per person for the evening's activities. Exercise 6-16 (Algo) Part 1 Required: What is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? Assume that last year only 200 persons attended the dinner-dance. If the same number attend this year, what price per ticket must e charged in order to break even? (Round your answer to the nearest whple dollar amount.)
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