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You're managing a dinner theater and want to determine of the ticket price of $22.50 for dinner and the performance sill allow your organization to
You're managing a dinner theater and want to determine of the ticket price of $22.50 for dinner and the performance sill allow your organization to break even and whether the 175 seating capacity is adequate. You're planning a 10 performance run and your cost per performance is $2,500. The rental cost for all 10 performances is a total of $10,000. Drinks and Parking are extra charges and have their own price and variable cost as shown below: (the information below is based on one performance) Selling Price $22.50 Tickets with Dinner Drinks Parking Estimated Sales Variable Cost Quantity in Units $10.50 175 $1.75 175 $2.00 100 Based on the information presented above and considering all 10 perfomances, will your organization break even and how much profit/loss will they experience You're managing a dinner theater and want to determine of the ticket price of $22.50 for dinner and the performance sill allow your organization to break even and whether the 175 seating capacity is adequate. You're planning a 10 performance run and your cost per performance is $2,500. The rental cost for all 10 performances is a total of $10,000. Drinks and Parking are extra charges and have their own price and variable cost as shown below: (the information below is based on one performance) Selling Price $22.50 Tickets with Dinner Drinks Parking Estimated Sales Variable Cost Quantity in Units $10.50 175 $1.75 175 $2.00 100 Based on the information presented above and considering all 10 perfomances, will your organization break even and how much profit/loss will they experience
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