(Solved)You’re managing a dinner theater and want to determine of
You’re managing a dinner theater and want to determine of the ticket price of $22.50 for dinner and the performance sill allow your organization to break even and whether the 175 seating capacity is adequate. You’re planning a 10 performance run and your cost per performance is $2,500. The rental cost for all 10 performances is a total of $10,000. Drinks and Parking are extra charges and have their own price and variable cost as shown below: (the information below is based on one performance).
Selling Price Variable Cost Estimated Sales Quantity in Units
Tickets with Dinner $22.50 $10.50 175
Drinks $5 $1.75 175
Parking $5 $2.00
100
Will this organization break even and how much will it negatively or positevly affect
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Answer to You’re managing a dinner theater and want to determine of. . .
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