Question: Required information Exercise 6-16 (Algo) Break-Even Analysis and CVP Graphing (L06-2, LO6-4, LO6-5] (The following information applies to the questions displayed below. The Hartford Symphony

Required information Exercise 6-16 (Algo) Break-Even Analysis and CVP Graphing (L06-2,

Required information Exercise 6-16 (Algo) Break-Even Analysis and CVP Graphing (L06-2, LO6-4, LO6-5] (The following information applies to the questions displayed below. The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event: Dinner (per person) Favors and program (per person) Band Rental of ballroom Professional entertainment during intermission Tickets and advertising $ 21 $ 2 $ 1,275 $ 510 $ 1,020 $ 2,295 The committee members would like to charge $40 per person for the evening's activities. Exercise 6-16 (Algo) Part 1 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 200 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even? (Round your answer to the nearest whole dollar amount.) persons 1. Break-even point 2. Ticket price per person to break even

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