Question: Problem 2 John has been asked to determine whether the $22.50 cost of tickets for the community dinner theater will allow the group to achieve

Problem 2 John has been asked to determine
Problem 2 John has been asked to determine whether the $22.50 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 cost for each performance of a 10-performance run 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: 1 2 3 4 5 6 7 8 9 Sell Vari Perc Pere Contrib Sal Dol ution 1- es Contrib ution ing able ent lar ent Pric Cost Vari (V/P) Un Sal of e (V) able its es sale ed Weight By Precent Sales (P) Cost (Sal s (V/P es x P) (Col 5 x Col 8) Tick $22. $10. 0.46 0.533 17 $39 0.395 ets 50 50 7 5 38 1 Drin $5.0 $1.7 0.35 0.650 17 $87 0.16 0.107 ks 0 5 0 5 5 5 $2.0 0.40 0.600 10 $50 0.09 0.056 Park $5.0 0 ing 0 0 0 0 4 Tota 45] $53 1.00 0.558 0 13 0 1 0.74

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