Solved: Tickets will be priced at 15 each on arrival every ticket, Accounting Basics

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Tickets will be priced at 15 each on arrival every ticket

Question - Luke is arranging for a party to be held in the students' union. The use of the hall will be free but security costs of £300 will have to be met. The cost of the main band will be £2,500 and the supporting band will cost £450. Tickets will be priced at £15 each. On arrival, every ticket holder will be given a bottle of water, worth £1 per bottle. What are the total fixed costs for this event?

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Accounting Basics: Tickets will be priced at 15 each on arrival every ticket

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