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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)$15   

Favors and program (per person)$7   

Band$2,000   

Rental of ballroom$1,250  

Professional entertainment during intermission$2,000   

Tickets and advertising$600 

 

The committee members would like to charge $61 per person for the evening's activities.

 

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


2.Assume that last year only 250 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even? (Round your answer to 2 decimal places.)

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