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How many people must attend for the sorority to break even?

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This paper circulates around the core theme of How many people must attend for the sorority to break even? together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

The treasurer anticipates the following costs for the event, which will be held at the Regency… 1 answer below » The treasurer anticipates the following costs for the event, which will be held at the Regency Hotel: Room rental $300 Dinner cost (per person) 25 Chartered buses 500 Favors and souvenirs (per person) 5 Band 900 Each person would pay $40 to attend; 200 attendees are expected. a. Will the event be profitable for the sorority? Show computations. b. How many people must attend for the sorority to break even? c. Suppose the sorority encouraged its members to drive to the hotel and did not charter the buses. Further, a planned menu change will reduce the cost per meal by $2. If each member View complete question » The treasurer anticipates the following costs for the event, which will be held at the Regency Hotel: Room rental $300 Dinner cost (per person) 25 Chartered buses 500 Favors and souvenirs (per person) 5 Band 900 Each person would pay $40 to attend; 200 attendees are expected. a. Will the event be profitable for the sorority? Show computations. b. How many people must attend for the sorority to break even? c. Suppose the sorority encouraged its members to drive to the hotel and did not charter the buses. Further, a planned menu change will reduce the cost per meal by $2. If each member will still be charged $40, compute the contribution margin per person. Additional Requirements Level of Detail: Show all work View less » Jul 28 2015 04:17 PM


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