You are arranging a special MBA dinner event to be held in the atrium at the School of Business. The use of the atrium will be free but the costs for staff members to work at the event will be $300. The cost of the buffet dinner will be $2,500 and table and chair rental will cost an additional $450. On arrival, every ticket holder will be given a keepsake glass, priced at $1 per glass. You have decided a reasonable ticket cost for attendees is $15 per person. What is the break-even number of tickets that need to be sold for this event?

A.167 tickets

B.179 tickets

C.197 tickets

D.217 tickets

E.233 tickets

The Happy Shirt Company sells shirts for college students at discounted prices. The owner, Joy Smith, prides herself on the affordability of the shirts she sells, which are all $10. Joy has fixed costs to include rent amounting to $120,000 a year. The average cost of each shirt is $4 and Joy has other variable costs of $1 per unit. Joy aims to sell 40,000 shirts in the next 12 months, based on sales in previous years.

How many shirts does Joy need to sell during the year in order to break even?

A.12,000 shirts

B.18,000 shirts

C.24,000 shirts

D.30,000 shirts

E.36,000 shirts