Answer:
Crestview BEP 200 persons
Tallgrass BEP 255 persons
Explanation:
common fixed cost:
admin and marketing 1800
band to play music 800
2,600
selling price oer person $30
Break even point:
[tex]\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}[/tex]
Crestview:
[tex]\frac{2,600 + 1,000}{30-12} = Break\: Even\: Point_{units}[/tex]
[tex]200 = Break\: Even\: Point_{units}[/tex]
Tallgrass:
[tex]\frac{2,600 + 3,000}{30-8} = Break\: Even\: Point_{units}[/tex]
[tex]254.54 = Break\: Even\: Point_{units}[/tex]