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Golden Age Retirement Planners specializes in providing financial advice for people planning for a comfortable retirement. The company offers seminars on the important topic of retirement planning. For a typical seminar, the room rental at a hotel is $1,000, and the cost of advertising and other incidentals is about $10,000 per seminar. The cost of the materials and special gifts for each attendee is $64 per person attending the seminar. The company charges $275 per person to attend the seminar as this seems to be competitive with other companies in the same business. (chapter 1). How many people must attend each seminar for Golden Age to break even and Dollar amount ? How many people must attend each seminar for Golden Age to break even if company charges $300 per person to attend the seminar and Dollar amount ? How many less people will attend to break even , if company charges $300 per person to attend the seminar vs $275 per person to attend the seminar, if all other costs are the same?
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