Which of the following statements is​ true? A. ABC systems apply equally well to​ manufacturing, merchandising and service companies. B. ABC systems only apply to manufacturing companies. C. ABC systems apply equally well to manufacturing and​ retail-oriented merchandising​ companies, but not to​ distribution-oriented merchandising​ companies, which carry only finished goods​ inventory, or to service​ companies, which do not carry inventory. D. ABC systems apply equally well to manufacturing and merchandising​ companies, but not to service companies. Service companies generally carry no​ inventory, and​ therefore, an ABC system would provide​ little, if​ any, benefit.

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.