Hosting their annual convention

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Reference no: EM131020516

Procrastinators Anonymous (PA) is hosting their annual convention this coming year in Dallas, TX. Although this is not typical of this organization, they wish to plan ahead to determine what the cost of the keynote banquet ticket should be. The ticket cost then can be included in materials that will be sent out prior to the convention. The banquet coordinator has determined the following costs:

Rental of banquet facility - $2,500

Entertainment for banquet - $1,200

Cost of meal - $12

Decorations - $400

Printing costs - $500

Favors per attendee - $2

If a ticket price of $35 is set, how many procrastinators need to attend for PA to break even on their banquet? If the ticket price was $50? Use the roundup function to round up to the next integer (eg. 344.24 would be 345).

Create a CVP chart for ticket price of $35. Properly label all facets of the chart.

Reference no: EM131020516

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