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Advise on the ticket price needed to achieve this level of profit. A. 21,00 B....

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Accounting

Advise on the ticket price needed to achieve this level of profit. A. 21,00 B. 6,15 C. 27,15 D. 23.90

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As the accounting expert for a local firm of management consultants, you have been left with three scenarios to resolve for different clients. Scenario 3: Albion Ltd are currently organising their annual Christmas dance. The local hotel has a capacity of 400 in their main function suite, exactly equal to the number of employees expected at the event. Costs quoted are as follows: Food per employee 12 Hire of band 240 Hire of function suite 820 Christmas gift per employee 5 Compere for the evening 100 Cocktail per employee 4 Although a social function, the Financial Director would like to make a profit of 1,300 to help offset the poor trading results this year

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