Houston AA 3304 – The Middle Town Performing Arts
January 12th, 2018
The Middle Town Performing Arts Theater is planning a new show. The fixed cost is estimated to be $ 400,000 for the season. The variable cost is $ 10 per ticket. The box office has set the ticket price at $ 50. How many tickets does the box office have to sell before the theater can break even?Weikart, Lynne A.; Chen, Greg G.; Sermier, Edward M.. Budgeting and Financial Management for Nonprofit Organizations: Using Money to Drive Mission Success (p. 86). SAGE Publications. Kindle Edition.