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The Hartford Symphony Guild is planning its annual dinner and dance. The committee has assembled the following expected costs for the event: Dinner (per person)
The Hartford Symphony Guild is planning its annual dinner and dance. The committee has assembled the following expected costs for the event: Dinner (per person) Favours and program (per person) Band Rental of ballroom Professional entertainment during internission Tickets and advertising 5 40 2 7,860 1,870 1,100 770 The committee members would like to charge $71 per person for the evening's activities Required: 1. Compute the break-even point for the dinner and dance in terms of the number of people who must attend). Break oven point persons 2. Assume that last year 290 people attended the dinner and dance. If the same number attend this year, what price per ticket must be charged in order to break even? Ticho price per person
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