Answer:
The projected monthly income under those conditions would be $40.000
Explanation:
Total Income equals total revenue minus total cost
I = R - C
Total cost, equals fixed costs plus variable costs
Total Cost = Fixed costs + Variable costs
10.000 people paid for a ticked $40 each, therefore total revenue is:
10.000 x $40 = $400.000
The variable costs are $26 per dinner, and 10.000 dinners were sold:
10.000 x $26 = $260.000
Finally, the fixed cost for operating the theater is $100.000. This cost does not depend on the amount of tickets sold. You might sell 0 tickers, and still have to pay the $100.000.
Total Income therefore is = $400.000 - $260.000 - $100.000
= $40.000
