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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
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Dec 12, 2019
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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?
Mathematics
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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.
Jeffmayeur
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Dec 17, 2019
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