Reference no: EM1349583
During 2008, the Training Department of Firm XYZ conducted 200 workshops with 20 individuals in each. The charge per individual was $300. This is the maximum number of workshops that can be held in a year. The firm employs 2 Admin. Assistants, 1 Training Officer, and 1 Manager on a permanent basis. 2 Part-time trainers are hired as needed. Part-time trainers are paid $1,500 each per workshop.
Following are the results for 2008:
Training Department Revenue (200 x 20 x $300)= $1,200,000
Less expenses:
Trainer costs (200 x 2 x $1,500)= $600,000
Manuals for participants = $120,000
Postage % Misc costs = $9,450
Manager's salary = $120,000
Administrative Staff = $80,000
Training Officer = $90,000
Advertising costs = $125,000
Utilities/phone costs = $20,000
Total expenses: $1,164,450
Income from operations:(1,200,000 - 1,164,450)= $35,550
Common Allocated costs at 10% of revenue = $120,000
Net income or (loss): ($35,550 - $120,000) = ($84,450)
The question is: After determining the fixed and variable costs, given the allocated commom costs at 10% revenue, calculate the number of workshops needed to break even.
Are the common costs that are allocated at 10% of revenue considered to be fixed or variable in this case? (No other info is provided). I'll get different break-even levels depending on whether they are considered fixed or variable.
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