COST ACCOUNTING
BREAK EVEN POINT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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At a local ballpark a team charges $10 per ticket. The team must pay its players $4000. It costs the owners $6 for each souvenir they give away.How much profit will they make if they sell 2, 230 tickets?(income-cost = profit)
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$2, 230
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$4, 920
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$1, 000
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$2, 920
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Explanation:
Detailed explanation-1: -Thus, the number of tickets that must be sold to break even is 1000 if at a local ballpark a team charges $10 per ticket the team must pay its players $4000.
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