The parent group of the local university football team organizes an end of training camp bar-b-que ...

The parent group of the local university football team organizes an end of training camp bar-b-que dinner each year. The 110 player roster and 12 coaches eat for free, and ticket sales are used along with a fixed amount subsidy to fund the event. Last season 250 meals were produced and served. The following financial statement was prepared by one of the team parents:

Revenue:
   Ticket sales    $  1,280
   Subsidy   3,000
Expenditures:
   Food   3,750
   Supplies   300
   Fuel   125
   Bar-b-que rental   500
Surplus/(deficit)*   $ (395)

* The deficit was covered by a one-time donation from a parent whose son graduated and is consequently no longer on this years team.

Required:

Calculate the price per ticket that must be charged to breakeven based on the following assumptions:
   -   the number of players and coaches meals remain the same, but the number of meals sold increases by 20
   -the fixed costs are the same as last year
   -the variable costs per unit are the same as last year
   -the subsidy will remain at $3,000