prices of tickets Adults $110 youth tickets $50 it is expected that for every three adults tickets sold ,four youth tickets would be sold.the sales mix has been proven to be relatively stable for event. cost fixed cost per ticket for youth price per ticket adults rental cost $200,000 insurance 100,000 talent booking fees 105000 talent commission $5 $20 Determine the break even point and sales needed to earn operating profits of $ 150,000?

prices of tickets Adults $110 youth tickets $50 it is expected that for every three adults tickets sold ,four youth tickets would be sold.the sales mix has been proven to be relatively stable for event. cost fixed cost per ticket for youth price per ticket adults rental cost $200,000 insurance 100,000 talent booking fees 105000 talent commission $5 $20 Determine the break even point and sales needed to earn operating profits of $ 150,000?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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