The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event:

The committee members would like to charge $35 per person for the evening’s activities.

Required:

1. Compute 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?

3. Refer to the original data ($35 ticket price per person). Prepare a CVP graph for the dinner- dance from zero tickets up to 600 tickets sold.

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Dinner (per person) $18 Favors and program (per person) $2 Band $2,800 006$ $1,000 Rental of ballroom Professional entertainment during intermission Tickets and advertising $1,300