[The following information applies to the questions displayed below.] The Hartford Symphony Guild...
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[The following information applies to the questions displayed below.]
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) | $ 18 |
|---|---|
| Favors and program (per person) | $ 2 |
| Band | $ 2,800 |
| Rental of ballroom | $ 900 |
| Professional entertainment during intermission | $ 1,000 |
| Tickets and advertising | $ 1,300 |
The committee members would like to charge $35 per person for the evenings activities.
3. Refer to the original data ($35 ticket price per person). Prepare a CVP graph for the dinner-dance from zero tickets up to 600 tickets sold.
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