The company is examining the viability of concert, estimated cost $ 84 000 including the fee paid to customers, the hire of the venue and advertising costs, variable costs of pre buffet provided by caterers at a price of which is being negotiated but it is likely to be packed in the region of $35 per ticket sold to the proposed price for the sale of a ticket is $60
a ) calculate the number of tickets that must be sold to break even?
b) how many tickets must be sold to earn $80 000 the targeted profit?
c) what profit would it result in if 9780 were sold?
d) what selling price would have to be charged to give a profit of $85 000 on sales of 6380 tickets, fixed cost of $ 103 000, and a variable cost of $ 70 per ticket?
a ) calculate the number of tickets that must be sold to break even?
b) how many tickets must be sold to earn $80 000 the targeted profit?
c) what profit would it result in if 9780 were sold?
d) what selling price would have to be charged to give a profit of $85 000 on sales of 6380 tickets, fixed cost of $ 103 000, and a variable cost of $ 70 per ticket?