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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 ballroon Professional entertainment during intermission Tickets and advertising 5 38 4 8,520 4,590 7,750 1,848 The committee members would like to charge $87 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) persons 2. Assume that last year 200 people attended the dinner and dance. If the same number attend this year, what price per ticket must be ed in order to break even
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