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)	$	21
Favors and program (per person)	$	2
Band	$	1,275
Rental of ballroom	$	510
Professional entertainment during intermission	$	1,020
Tickets and advertising	$	2,295

The committee members would like to charge $40 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 200 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even?