Solved: Finding amout of tickets to be sold before theater starts, Accounting Basics

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Finding amout of tickets to be sold before theater starts

Question:

The middle town performing arts theater is planning a new show. The fixed cost is estimated to be $4000, 000 for the season. The variable cost is $10 per ticket. The box office has set the ticket price at $50.00. How many tickets does the box office have to sell before the theater can break even?

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Accounting Basics: Finding amout of tickets to be sold before theater starts

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Accounting Basics: Finding amout of tickets to be sold before theater starts

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