Register

Producing a musical costs $88,000 plus $5900 per performance. one sold out Performance earns $7500 in revenue. If every performance sells out. how many performances are needed t…

Producing a musical costs $88,000 plus $5900 per performance. one sold out Performance earns $7500 in revenue. If every performance sells out. how many performances are needed t…
asked 225k views
3 votes
Producing a musical costs $88,000 plus $5900 per performance. one sold out Performance earns $7500 in revenue. If every performance sells out. how many performances are needed to break even.

asked
User Smartsl
by
8.0k points

1 Answer

3 votes
55 Performances are needed to break even. The net profit on each performance is 7500-5900, or $1600. $88000/$1600 = 55.
answered
User Digikata
by
7.9k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!