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27 April, 09:33

Suppose you are the treasurer of the drama club. The cost of scripts for the spring musical is $254. The cost of props and costumes is $400. You must also pay $1.20 per ticket to the play's director. You charge $4.00 per ticket and you also expect to make $150 on refreshments. How many tickets will the drama club need to sell to break even?

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  1. 27 April, 13:11
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    Expected net costs are

    $254 + 400 - 150 = $504

    Expected income per ticket is

    $4.00 - 1.20 = $2.80

    To break even, the number of tickets that must be sold is

    $504/$2.80 = 180

    The drama club needs to sell 180 tickets to break even.
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