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What is the breakeven point of the large venue

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Reference no: EM132477541

Fact Pattern:
Harper and her band want to put on a concert. They have looked at two venues a small one and a large one and have compiled the following information:

                                                  Small                          Large
Capacity of venue                        400                        1.200
Fixed costs                              52.000                     55.000

Question 1: The variable cost per customer for both venues is 52. The band will charge 510 per customer for the small venue or 514 for the large venue. What is the breakeven point of the large venue?

  1. 375
  2. 358
  3. 381
  4. 417

Reference no: EM132477541

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