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Special events and convention management

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Reference no: EM133103396

Work Sheet - Breakeven Costs

Work in your groups to calculate the following costs.

You are organizing a teacher's conference for April 12, 2022. Calculate the break-even point given the following information.

Item 

Cost 

Equipment rental 

5, 000

Accommodation 

10,000

Venue rental 

15,000

Air fares

10,000

Guest Speaker 

5,000
  • Variable costs amount to $90 per person. 
  • You have decided to charge a registration fee of $200 per person. 
  1. What is the breakeven point?
  2. Considering that the maximum capacity for the venue is 250. Outline if this is a feasible venture why or why not 
  3. What changes would you make if any?

Sources: Special Events and Convention Management

Reference no: EM133103396

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