Question: Need help in completing the CVP graph in part 3. The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance commi ttee has assembled

Need help in completing the CVP graph in part 3.

Need help in completing the CVP graph in part 3. The Hartford

Symphony Guild is planning its annual dinner-dance. The dinner-dance commi ttee has

The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance commi ttee has assembled the following expected costs for the event: $7 Dinner (per person) Favors and program (per person) $300 Band $1,700 Rental of ballroom Professional entertainment during intermission $4,000 Tickets and advertising $600 The committee members would like to charge $33 per person for the evening's activities. Required 1. Compute the break-even point for the dinner-dance (in terms of the number of persons who must attend) Break-even point 300 persons 2. Assume that last year only 250 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even? (Round your answer to 2 decimal places.) Ticket price per person to break even 5 59.40

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