The parent group of the local university football team organizes an end of training camp bar-b-que dinner each year.The 110 player roster and 12 coaches eat for free, and ticket sales are used along with a fixed amount subsidy to fund the event.Last season 250 meals were produced and served.The following financial statement was prepared by one of the team parents:
Revenue:
Expenditures:
* The deficit was covered by a one-time donation from a parent whose son graduated and is consequently no longer on this years team.Required:
Calculate the price per ticket that must be charged to breakeven based on the following assumptions:

Question

The parent group of the local university football team organizes an end of training camp bar-b-que dinner each year.The 110 player roster and 12 coaches eat for free, and ticket sales are used along with a fixed amount subsidy to fund the event.Last season 250 meals were produced and served.The following financial statement was prepared by one of the team parents:
Revenue:
  Expenditures:
  * The deficit was covered by a one-time donation from a parent whose son graduated and is consequently no longer on this years team.Required:
Calculate the price per ticket that must be charged to breakeven based on the following assumptions:

Quizplus · Accepted Answer

The Answer of The parent group of the local university football team organizes an end of training camp bar-b-que dinner each year.The 110 player roster and 12 coaches eat for free, and ticket sales are used along with a fixed amount subsidy to fund the event.Last season 250 meals were produced and served.The following financial statement was prepared by one of the team parents:
Revenue:
  Expenditures:
  * The deficit was covered by a one-time donation from a parent whose son graduated and is consequently no longer on this years team.Required:
Calculate the price per ticket that must be charged to breakeven based on the following assumptions:

The Parent Group of the Local University Football Team Organizes