How much would need to charge to break even

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Planning Congratulations! You have been selected to organise the end of term student party. A vaccine has been discovered and the COVID pandemic has now passed. The following information is relevant: Number of students 300 Room hire E100 Band E500 Food f1 per head Juice 65 per head

Question 1) What is the shortfall/surplus if the entrance fee was $10 per student?

Question 2) How much would you need to charge to break even (i.e. sales = costs)?

Question 3) If the ticket price was E10 how many tickets would you need to sell to break even (sales=costs)?

Reference no: EM132659471

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