Question 4 The Hartford Symphony Guild is planning its annual dinner dance. The dinner dance committee has assembled the
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Question 4 The Hartford Symphony Guild is planning its annual dinner dance. The dinner dance committee has assembled the
Question 4 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) £18 Favours and programme (per person) £2 Band £2,800 Rental of ballroom £900 Professional entertainment during intermission £1,000 Tickets and advertising £1,300 The committee members would like to charge £35 per person for the evening's activities. You are required: BA3121 Page 2 a. Compute the breakeven point (Units and Sales Value) for the dinner dance. b. 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? Refer to the original data (£ 35 ticket per person). Prepare a CVP graph for the dinner dance from a zero level of activity up to 900 tickets sold. c.
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