User Account

All Pages

Special events and convention management

Assignment Help Business Management
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

Questions Cloud

Objectives of the planned activities : What are the objectives of the planned activities of the following programme, and its link to EYLF learning in early childhood education?
Sustainable environmental practices : Research a company which has embraced the triple bottom line based on their labor practices, community service, and sustainable environmental practices. Explain
Identify and analyse the functional areas of the business : Identifying stakeholders and analysing their roles in a given business or project scenario. The aim of the analysis is to map out and manage the stakeholders
Determine the total impact on stockholders equity : Determine the total impact on stockholders' equity over the product's 5-year life (at December 31, Year 6) under U.S. GAAP
Special events and convention management : You are organizing a teacher's conference for April 12, 2022. Calculate the break-even point given the following information.
Improving personal and organizational communications : Describe the most important concepts you have learned from improving personal and organizational communications. What will you do differently now?
How will it address gina concerns on the allocation : If Comfort uses the direct (variable) method, how will it address Gina's concerns on the allocation of material fixed costs to production units
What is emergent strategy : What is emergent strategy and how is it utilized in a strategic communication plan?
Stakeholder negotiation and conflict resolution : Cultural dilemmas are believed to occur during socio-cultural encounters between individuals or groups holding different or contradictory values and beliefs.

Reviews

Write a Review

Business Management Questions & Answers

  Corporate governance compliances-risk management requirement

a) Discuss corporate governance compliances and risk management requirements in Malaysia.

  Organizational structures and the bottom linei am meeting

organizational structures and the bottom linei am meeting with other department members and the topic will be the about

  What does it mean for individuals to have unlimited wants

What does it mean for individuals to have unlimited wants? Why can't individuals have everything they want?

  Determining the probability of finn

Find the probability that Finn took more than 3? minutes to get to work today, given that he took less than 43 minutes to get to work today.

  Development of sport event tourism in the caribbean

For each PESTE factor analysed, suggest new opportunities for the development of sport event tourism in the Caribbean.

  Consumers perception about purchasing consumer durables

C.G. Electronics Ltd. was a company incorporated in 1983 by Mr. Atul Seth and over the years had emerged as one of the forerunners in the growing segment

  What advantage or benefit have been advanced by standard set

What advantage or benefit have been advanced by standard setters to support the development of conceptual framework project?

  Additional annual cash flows

If positive, how much value is being created for the company through the purchase of this asset? If negative, what additional annual cash flows are needed for the NPV to equal zero? To what phenomena might those additional positive cash flows be a..

  Organizational change and development

Define organigraph. Why is it important to take this concept into consideration is a change process?

  Leadership characteristics and behaviors

Describe how leaders are able to influence and empower team members; identify important leadership characteristics and behaviors;

  Locate four empirical studies that research change

Locate four empirical studies that research change. Give the APA-formatted citation and add the studies to your RefWorks list. What are the primary methodologies used in the four studies that you read? Did each of the studies prove or disprove the..

  How is expatriate failure usually defined

How is "expatriate failure" usually defined? What tool assists an organization in collecting accurate performance data and allow for cross-employee comparisons?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd