document.write( "Question 1056886: . Millbridge Animal Protective Services (MAPS) is planning its spring awards dinner as a fundraising event. It is planning to charge each attendee $150. Feast Hall, the site of the dinner, will charge MAPS $5,000 for the use of its posh VIP Room and $50 per plate for 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.
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document.write( "1. How many people would need to attend in order for MAPS to break even?
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document.write( "2. If MAPS sells 100 tickets for the dinner, what is the average cost to MAPS for each person with a ticket?
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document.write( "---I believe that the formula that you would use for the first question is BEQ = FC/CM my answer was BEQ = 200\r
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document.write( "I'm in a Human Service Class and never taking algebra before and I'm lost in some of the that I need to use.
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document.write( "I would thank you very much if you was able to help me in any way. \n" );
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Algebra.Com's Answer #671937 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! MAPS is planning to charge each attendee $150. \n" ); document.write( "Feast Hall, the site of the dinner, will charge MAPS $5,000 for the use of its posh VIP Room and $50 per plate for food. \n" ); document.write( "The VIP Room has a capacity of 180 people. \n" ); document.write( "Rocky Mount and the Tar Heels (one band) will provide the entertainment for their standard performance fee of $1,000 per night. \n" ); document.write( "----- \n" ); document.write( "Let \"x\" be the number of attendees::: \n" ); document.write( "Cost:: 5000+50x + 1000 \n" ); document.write( "Revenue:: 150x \n" ); document.write( "--------------------------- \n" ); document.write( "1. How many people would need to attend in order for MAPS to break even? \n" ); document.write( "Break even means Cost = Revenue \n" ); document.write( "5000 + 50x + 1000 = 150x \n" ); document.write( "100x = 6000 \n" ); document.write( "x = 60 (# of attendees if MAPS is to break even) \n" ); document.write( "------------------------ \n" ); document.write( "2. If MAPS sells 100 tickets for the dinner, what is the average cost to MAPS for each person with a ticket? \n" ); document.write( "Cost = 50x + 6000 = 50*100+6000 = 11000 \n" ); document.write( "Average cost per person = 11000/100 = $110 \n" ); document.write( "-------------------------------------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "----------- \n" ); document.write( " |