Producing a musical costs $88,000 plus $5900 per performance. one sold out Performance earns $7500 in revenue. If every performance sells out. how many performances are needed to break even.

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asked Dec 23, 2018 225k views

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Producing a musical costs $88,000 plus $5900 per performance. one sold out Performance earns $7500 in revenue. If every performance sells out. how many performances are needed to break even.

Mathematics
high-school

Smartsl asked

by Smartsl

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55 Performances are needed to break even. The net profit on each performance is 7500-5900, or $1600. $88000/$1600 = 55.

Digikata answered Dec 28, 2018

by Digikata

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