Kojo is arranging for a reunion to be held at the great hall .The use of the will be true but security costs of Gh 500 ,will have to be met . The costs of the main band will be Gh 3,500 and the supporting band will cost Gh 550. Tickets will be priced at Gh 15 each . On arrival ,every tickets holder will be given a bottle of water worth Gh 1 per bottle . a. What is the break -even number of tickets for the event? b. What are the total fixed costs for this event?
Kojo is arranging for a reunion to be held at the great hall .The use of the will be true but security costs of Gh 500 ,will have to be met . The costs of the main band will be Gh 3,500 and the supporting band will cost Gh 550. Tickets will be priced at Gh 15 each . On arrival ,every tickets holder will be given a bottle of water worth Gh 1 per bottle . a. What is the break -even number of tickets for the event? b. What are the total fixed costs for this event?
Chapter1: Financial Statements And Business Decisions
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Kojo is arranging for a reunion to be held at the great hall .The use of the will be true but security costs of Gh 500 ,will have to be met . The costs of the main band will be Gh 3,500 and the supporting band will cost Gh 550. Tickets will be priced at Gh 15 each . On arrival ,every tickets holder will be given a bottle of water worth Gh 1 per bottle .
a. What is the break -even number of tickets for the event?
b. What are the total fixed costs for this event?
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