A small local cinema that plays a new movie every two months has secured the...
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Accounting
A small local cinema that plays a new movie every two months has secured the rights to play a new independent movie for the next two months at a cost of $220,000. The cinema also has monthly fixed costs of $44,000. Approximately how many tickets must the cinema sell over the next two months in order to break-even? Assume that it costs $8 to print a hundred tickets and that each ticket is priced at $10. (Round up your answer to the next whole number.)
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