Question - 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
Favors and program (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.
Compute the break-even point for the dinner-dance (in terms of the number of persons who must attend).