What is the break even in units dollars for each seminar

Assignment Help Financial Management

Reference no: EM13947225

A seminar series has set up costs of $3,000; a rent per event of $1,000; plus a variable cost of $30 per attendee for food, supplies, and refreshments. The price of the seminar admission is $100 per person.

What is the break even in a) units {people} and b) dollars for each seminar?

Reference no: EM13947225

Questions Cloud

Carriers next year and has budgeted sales : Carry- all plans to sell 1300 carriers next year and has budgeted sales of 46000 and profits of 22000. variable cost are projected to be $20 per unit. micheal company offers to pay $20600 to buy 590 units from carry-all. total fixed cost are 7000 per..

Different amounts of residual income imply about firm : Computing Residual Income. Suppose the following hypothetical data represent total assets, book value, and market value of common shareholders’ equity (dollar amounts in millions) for three firms. What do the different amounts of residual income impl..

Composition of capital structure : With a tax rate of 40% and a total capital structure of $10,000,000. We need to calculate the WACC for the following two scenarios. Composition of capital structure. Which is the best for option for the company? Explain.

What is the break even in dollars and units for location : A sandwich shop has been doing business for 10 years in Pinecrest. The shop currently operates out of a building that is paid for. The variable overhead expenses are 10% of the sales each sandwich. Each sandwich has a food cost of $1. All the sandwic..

What is the break even in units dollars for each seminar : A seminar series has set up costs of $3,000; a rent per event of $1,000; plus a variable cost of $30 per attendee for food, supplies, and refreshments. The price of the seminar admission is $100 per person. What is the break even in a) units {people}..

Financed in its entirety with preferred equity : The company currently has total assets of $12,000,000. They want to expand with an additional plant in West Palm Beach at a cost of $5,000,000. The new operation will be financed in its entirety with preferred equity from Miramar Trust. How many shar..

Difference between matrix and functional organization : what is the difference between matrix organization and functional organization? If you are dealing in projects then which origination will be better and why please compare between the two? what is decision making? What are routine decisions and non r..

Based on semi-annual analysis-what is current price of bond : ABC Corp. issued a 12 percent, 20 year coupon rate bond 5 years ago. Interest rates are now 8 percent. The par value of the bond is $1,000. Based on semi-annual analysis, what is the current price of the bond?

The investment cash flow of this project : A building will sell for $4 million in 6 years to the police department. The cost of holding the building will be 8 % per year. The investment cash flow of this project is $3.2 million. What is this project's NPV and IRR? Is the project worth taking?

User Account

All Pages