Black & White,a Jazz club,is conducting a breakeven analysis to determine how many tickets it must sell at $20 each to break even on the Jazz Fest,a program conducted by it.Fixed costs are $4,000,and the variable cost per person is $10.To break even,Black & White must sell _____ tickets.

A) 800
B) 500
C) 400
D) 80

Breakeven Analysis

is a financial calculation that determines the point at which revenue gained equals the costs associated with receiving that revenue, indicating no net gain or loss.

Jazz Fest

A music festival focused on jazz music, featuring performances from a variety of jazz artists and bands.

Variable Cost

Costs that change in proportion to the good or service that a business produces.