Question: John has been asked to determine whether the 1922.50 cost of tickets for the community dinner theater will allow the group to achieve break-even and

John has been asked to determine whether the 1922.50 cost of tickets for the community dinner theater will allow the group to achieve break-even and whether the 175 seating capacity is adequate. The cust for each performance of a 10-performance ran is 2.500. The facility rental cost for the entire 10 performances is 10.000. Drinks and parking are extra charges and have their own price and variable

costs, as shown below.

Selling Price

Variable Cost

Estimated Quantity of

Sales Unita 175

175

100

Peso

% of

Tickets with

dinner

P22.50

5.00

P10.50

P175

P2.00

Drinks Parking

a F in the table and salve for the break-even point in peso (BEP) b. What can you say about the results?

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To calculate the breakeven point BEP in peso P we need to consider the costs and revenues associated with the community dinner theater The BEP is the level of sales at which total revenue equals total ... View full answer

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