The Profitable Concert Tour

According to your calculations, you can pay all of your expenses AND meet your

profit target if you charge $5.81 per ticket. If the venue seats 8,800

people and you raised your ticket price to $10, what would be your total revenue?

According to your calculations, you can pay all of your expenses AND meet your

profit target if you charge $8.32 per ticket. If the venue seats 10,500

people and you raised your ticket price to $10, what would be your total revenue?

You are trying to figure out how to use 23 concerts to pay for everyone's $52,000 salary.

There are 12 members of your band (including yourself).

What will be the salary expense for each of the 23 concerts?

(Round your answer to the nearest cent.)

Forty concerts have to be used to pay for everyone's $65,000 salary.

There are 16 members of your band (including yourself).

What will be the salary expense for each one of the 40 concerts?

(Round your answer to the nearest cent.)

You are trying to figure out how to use 36 concerts to pay for everyone's $60,000 salary.

There are 14 members of your band (including yourself).

What will be the salary expense for each one of the 36 concerts?

(Round your answer to the nearest cent.)

You are trying to figure out how to use 34 concerts to pay for everyone's $55,000 salary.

There are 15 members of your band (including yourself).

What will be the salary expense for each of the 34 concerts?

(Round your answer to the nearest cent.)

While preparing for a 38 concert tour, you are adding up your expenses and determine that the transportation cost for your

band is $4,500. The venue you are performing in has 8,500 seats and costs $9,800 per day to rent. Everyone in

your 6 member group is receiving a $42,500 salary. The total cost for lodging will be $1200 per night.

How much does each ticket cost if your profit target for your first concert is $28,000?

(Directions: Round your answer to the nearest cent)

Your 8 member band is preparing for a 35 concert tour. Everyone in your band is receiving a $48,000 salary.

You are adding up your expenses and determine that the transportation cost for your band is $5,000.

The venue you are performing in has 10,000 seats and costs $12,700 per day to rent.

The total cost for lodging will be $1600 per night.

How much does each ticket cost if your profit target for your first concert is $32,000?

(Directions: Round your answer to the nearest cent)

You and your band are planning to do a 28 concert tour. Your 10 member group is receiving a $50,000 salary (per person).

You are adding up your expenses and determine that the transportation cost for your band is $5,000. The venue you are

performing in has 7,000 seats and costs $15,000 per day to rent. The total cost for lodging will be $2000 per night.

How much does each ticket cost if your profit target for your first concert is $35,000?

(Directions: Round your answer to the nearest cent)

You and your band are planning to do a 30 concert tour. Your 15 member group is receiving a $50,000 salary (per person).

You are adding up your expenses and determine that the transportation cost for your band is $5,800. The venue you are

performing in has 9,000 seats and costs $13,000 per day to rent. The total cost for lodging will be $3000 per night.

How much does each ticket cost if your profit target for your first concert is $40,000?

(Directions: Round your answer to the nearest cent)