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The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event: Dinner (per person) $

The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event:

Dinner (per person) $ 16
Favors and program (per person) $ 2
Band $ 1,250
Rental of ballroom $ 500
Professional entertainment during intermission $ 750
Tickets and advertising $ 2,500

The committee members would like to charge $28 per person for the evenings activities.

Required:

1. What is the break-even point for the dinner-dance (in terms of the number of persons who must attend)?

2. Assume that last year only 400 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even? (Round your answer to the nearest whole dollar amount.)

1. Break-even point ?# persons
2. Ticket price per person to break even ?#

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