Southwestern College is planning to hold a fund raising banquet at one of the local country clubs. It has two options for the banquet:
OPTION 1: Crestview Country Club
$\quad $$\quad $$\quad $a. Fixed rental cost of $1,000
$\quad $$\quad $$\quad $b. $12 per person for food

OPTION 2: Tallgrass Country Club
$\quad $$\quad $$\quad $$\quad $a. Fixed rental cost of $3,000
$\quad $$\quad $$\quad $$\quad $b. A caterer who charges $8.00 per person for food

Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Tickets are expected to be $30 per person. Local business supporters will donate any other items required for the event.
-What is the break-even point in units for each option?

Question

Southwestern College is planning to hold a fund raising banquet at one of the local country clubs. It has two options for the banquet:
OPTION 1: Crestview Country Club
$\quad $$\quad $$\quad $a. Fixed rental cost of $1,000
$\quad $$\quad $$\quad $b. $12 per person for food

OPTION 2: Tallgrass Country Club
$\quad $$\quad $$\quad $$\quad $a. Fixed rental cost of $3,000
$\quad $$\quad $$\quad $$\quad $b. A caterer who charges $8.00 per person for food

Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Tickets are expected to be $30 per person. Local business supporters will donate any other items required for the event.
-What is the break-even point in units for each option?

Quizplus · Accepted Answer

The Answer of Southwestern College is planning to hold a fund raising banquet at one of the local country clubs. It has two options for the banquet:
OPTION 1: Crestview Country Club
$\quad $$\quad $$\quad $a. Fixed rental cost of $1,000
$\quad $$\quad $$\quad $b. $12 per person for food

OPTION 2: Tallgrass Country Club
$\quad $$\quad $$\quad $$\quad $a. Fixed rental cost of $3,000
$\quad $$\quad $$\quad $$\quad $b. A caterer who charges $8.00 per person for food

Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Tickets are expected to be $30 per person. Local business supporters will donate any other items required for the event.
-What is the break-even point in units for each option?

Southwestern College Is Planning to Hold a Fund Raising Banquet \quad

Southwestern College Is Planning to Hold a Fund Raising Banquet $\quad$