Breakeven point, sales price at breakeven point. Apo Ni Simang Sorority is planning its annual 'A Night of Extravaganza". The committee in charge of this event has assembled the following expected related costs. The committee would like to charge P800 per pax for the activity. Dinner per person Favors and programs per person Band 250 300 Tickets and advertising Venue rental Floorshow 25,000 40,000 20,000 15,000 Required: 1. Breakeven point in terms of units and pesos. . Assume that last year only 250 persons attended the event and the same number of attendees is expected this year, what price per ticket must be charged to breakeven?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter4A: Nopat Breakeven: Revenues Needed To Cover Total Operating Costs
Section: Chapter Questions
Problem 1EP
icon
Related questions
Question

#10 . PLEASE ANSWER THE QUESTIONS

CHAPTER 5 PROFIT PLANNING AND COST-VOLUME-PROFIT ANALYSIS
3 The committee has learned that Mega ShaSha will make an appearance during the
per pax. Compute the expected breakeven point in units and in pesos.
3. Breakeven point, sales price at breakeven point. Apo Ni Simang Sorority is planning its
annual 'A Night of Extravaganza". The committee in charge of this event has assembled
the following expected related costs. The committee would like to charge P800 per pax
for the activity.
Dinner per person
Favors and programs per person
Band
Tickets and advertising
P
250
300
25,000
40,000
20,000
15,000
Venue rental
Floorshow
Required:
1.
Breakeven point in terms of units and pesos.
2.
Assume that last year only 250 persons attended the event and the same number
of attendees is expected this year, what price per ticket must be charged to
breakeven?
202
ing Accordingly, the committee has decided to raise the ticket price to P1,050
Transcribed Image Text:CHAPTER 5 PROFIT PLANNING AND COST-VOLUME-PROFIT ANALYSIS 3 The committee has learned that Mega ShaSha will make an appearance during the per pax. Compute the expected breakeven point in units and in pesos. 3. Breakeven point, sales price at breakeven point. Apo Ni Simang Sorority is planning its annual 'A Night of Extravaganza". The committee in charge of this event has assembled the following expected related costs. The committee would like to charge P800 per pax for the activity. Dinner per person Favors and programs per person Band Tickets and advertising P 250 300 25,000 40,000 20,000 15,000 Venue rental Floorshow Required: 1. Breakeven point in terms of units and pesos. 2. Assume that last year only 250 persons attended the event and the same number of attendees is expected this year, what price per ticket must be charged to breakeven? 202 ing Accordingly, the committee has decided to raise the ticket price to P1,050
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Cost estimation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Entrepreneurial Finance
Entrepreneurial Finance
Finance
ISBN:
9781337635653
Author:
Leach
Publisher:
Cengage
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning