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 4 5 6 7 8 9 3 Varia Perce Selli Contribu Sal Doll Perc ng ble nt tion 1- es ar ent Pric Cost Varia Contribu tion Weighte By (V/P) Uni Sale of e (P) (V) ble ts S sales d (Sal Cost (V/P) Precent Sales es x P) (Col 5 x Col 8) $10.5 0.467 0.533 175 $39 0.395 Tick ets $22. 50 0 38 Drin $5.0 $1.75 0.350 0.650 175 $87 5 0.107 ks 0 100 $50 0.056 Parki $5.0 $2.00 0.400 0.600 ng 0 0 Total 450 $53 0.558 13 0.74 1 0.16 5 0.09 4 1.00 0