Question: 8 . Break Even Quantity ( 10 points) Columbus Cougar, a nonprofit organization, runs a fund-raising day each year to support the regions youth program.

8. Break Even Quantity (10 points)

Columbus Cougar, a nonprofit organization, runs a fund-raising day each year to support the regions youth program. It costs Columbus Cougar $2,500 to rent a facility and $3,500 for promotional materials. In addition, Columbus Cougar spends $15 per person for food at the fund raiser. If tickets are $55 each, how many people have to attend the fund raiser for Columbus Cougar to raise enough to give $30,000 to the youth program?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!