Oceangate sells external hard drives for $200 each. its total fixed costs are $30 million, and its variable costs per unit are $140. the corporate tax rate is 30%. if the economy is strong, the firm will sell 2 million drives, but if there is a recession, it will sell only half as many. a. what will be the percentage decline in sales if the economy enters a recession?

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.