The Blue Saints Band Is Holding a Concert in Toronto

Multiple Choice

The Blue Saints Band is holding a concert in Toronto.Fixed costs relating to staging a concert are $350,000.Variable costs per patron are $5.00.The selling price for a tickets $25.00.The Blue Saints Band has sold 23,000 tickets so far. How many tickets does the Blue Saints Band need to sell to achieve net income of $75,000.

A) 21,250
B) 14,000
C) 17,500
D) 17,000