In order to get full credit, you must show all your work. You ar

Home / Questions / In order to get full credit, you must show all your work. You are responsible for budgeti

In order to get full credit, you must show all your work. You are responsible for budgeti

In order to get full credit, you must show all your work.

You are responsible for budgeting your association’s next meeting. Here are the facts as you know them: Your meeting registration fee is $165. You will be charged $5,000 for the use of the hotel space, $500 for audio visual fees, and $1,000 for the speaker. You also know that it will cost you $65 per person for food and beverage.

How many attendees do you need in order to break even?

BEP= Fixed Costs/ Price- VC

Total FC= 6,500 (C) BEP= 6500/165-65

Total VC=65 (B) BEP= 6500/160

Price (Registration Fee) = 165 (A) BEP=40.625

Number of Attendees to break even rounded up would be 41.

How many attendees do you need in order to make $1,000 profit?

3. What if you knew you would have 100 attendees. How much would you have to charge each one in order to break even?

Abhinav 03-Dec-2019

Answer (UnSolved)

question Get solution

Each service and the in charge engineer Each service and the in charge engineer, the parts used, the problem fixed and service log for an aircraft will be recorded in the database. The management must make sure...
Qantas Airways is the flag carrier airline of Australia Qantas Airways is the flag carrier airline of Australia. Qantas' headquarter is located at the Qantas Centre in the Mascot suburb of Sydney, New South Wales. The Qantas G...
In the initial lectures on the economic way of thinking In the initial lectures on the economic way of thinking we considered the description of cost-benefit analysis in macroeconomics offered by Henry Hazlitt. Some years bac...
Students will select and critique a media article Students will select and critique a media article on a crime topic using the Toulmin framework. See the “Assessment 4 Article Options” document for the articles that you...
To promote the better services to VIP members and award customers To promote the better services to VIP members and award customers’ loyalty, Qantas provide the airline lounge with airport locations around Australia and the world. Those...
The class of Qantas frequent flyer membership The class of Qantas frequent flyer membership is based on flying more for higher-level class. The types of memberships are based on distance flown, with bonuses that vary...
Each flight maintains an inventory table for consumable products Each flight maintains an inventory table for consumable products. The inventory will be refilled at end of each trip. The management wants to analyze the high costs of pr...
All Qantas Line Maintenance Stations can communicate with inbound aircraft provides All Qantas Line Maintenance Stations can communicate with inbound aircraft provides 24 hours per day for advice on incoming defects, facilitating the preparation of appro...
Customers can pay their purchased tickets by cash Customers can pay their purchased tickets by cash, cheque, bank card, visa card, master cards and frequent flyer point. The payment by American express card will be charg...
Qantas management is to ensure the successful completion Qantas management is to ensure the successful completion of around 300,000 flights every year to 57 airports around Australia and to 86 destinations in 36 countries that ...

Service

In order to get full credit, you must show all your work. You are responsible for budgeti

In order to get full credit, you must show all your work. You are responsible for budgeti

Answer (UnSolved)

Ask Homework Question

Writing Help

Have a language expert improve your writing

Instant response from experts on your writing help queries

Find your question's answer instantly in our Q&A bank