Question: i need the answer quickly A company is planning to establish a chain of movie theaters. It estimates that each new theater will cost approximately

i need the answer quicklyi need the answer quickly A company is planning

A company is planning to establish a chain of movie theaters. It estimates that each new theater will cost approximately $1 Million. The theaters will hold 500 people and will have 4 showings each day with average ticket prices at $8. They estimate that concession sales will average $2 per patron. The variable costs in labor and material are estimated to be $6 per patron. They will be open 300 days each year. What must average occupancy be to break-even

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