Question: help Exercise 6-16 (Algo) Break-Even Analysis and CVP Graphing [LO6-2, LO6-4, LO6-5] [The following information applies to the questions displayed below.] The Hartford Symphony Gulld
Exercise 6-16 (Algo) Break-Even Analysis and CVP Graphing [LO6-2, LO6-4, LO6-5] [The following information applies to the questions displayed below.] The Hartford Symphony Gulld is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event: The committee members would like to charge $54 per person for the evening's activities. Exercise 6-16 (Algo) Part 1 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 ottended the dinner-dance. If the same number attend this yeat, what price per ticket must Required: be charged in order to break even? (Round your answer to the nearest whole dollar amount.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
