Question: the answer is wrong, EXERCISE 5-16 Break-Even Analysis LO 5-4, LO 5-5 The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has
EXERCISE 5-16 Break-Even Analysis LO 5-4, LO 5-5 The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following exnertad n.... c... The committee members would like to charge $35 per person for the evening's activities. Required: 1. What is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. Assume that last year only 300 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even
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