A production company is planning to sell tickets to a show


A production company is planning to sell tickets to a show for $100 each. It budgets variable costs to be $25 per attendee. Total fixed costs are estimated to be $112,500. The theatre can accommodate up to 1,400 people because of safety concerns. What should the production company do? Why?

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Financial Accounting: A production company is planning to sell tickets to a show
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