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 Vari Sell Dol Perc Contrib Perc ent Contrib Sal ution 1- es able lar ent ution ing Pric Cost Vari (V/P) Un Sal of Weight By (V) able e its es sale ed (P) Cost (Sals Precent (V/P Sales es x P) (Col 5 x Col 8) 0.395 $22. 0.46 0.533 17 $10. 50 $39 0.74 38 1 50 7 0.650 $87 0.16 0.107 $5.0 $1.7 5 0.35 0 5 5 0 $5.0 $2.0 0.40 0.600 $50 0.09 0.056 0 0 0 0 4 $53 1.00 0.558 13 0 Tick ets Drin ks Park ing Tota 1 5 17 5 10 0 45 0