Explain if maps sells 100 tickets for the dinner

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Reference no: EM1360489

Millbridge Animal Protective Services (MAPS) is planning its spring awards dinner as a fund raising event. It is planning to charge each attendee $150. Feast Hall, the site if the dinner, will charge MAPS $5,000 fir the use if its posh VIP room and $50 per plate of food. The VIP Room has a capacity of 180 people. Rocky Mount and the Tar Heels (one band) will provide the entertainment for their standard performance fee of $1,000 per night.

1. How many people would need to attend in order for MAPS to break even?

2. If MAPS sells 100 tickets for the dinner, what is the average cost to MAPS for each person with a ticket?

Reference no: EM1360489

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