Question: Problem 3 (15 marles) John has been asked to determine whether the $22.50 cost of tickets for the community dinner theater will allow the group

Problem 3 (15 marles) 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: le 3 2 Selling Price (P) 4 Variable Percent Cost (V) Variable Cost (V/P) se Contribution 1- (V/P) 7 8 9- Salese Dollar Percent Contribution Units Sales of sales. Weighted By (Sales Percent XP) Sales (Col 5x Col 8) 175- $3938- 0.741- 0.395 1750 $875- 0.165 0.107 100- $500 0.094- 0.056 450- $5313 1.000 0.558- Tickets $22.50 $10.50 Drinks $5.00 $1.75 Parking $5.00 $2.00- Totale - 0.4672 0.950- 0.400 0.533 0.650 0.600 2. Repeat the above question with a 250-seat capacity

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