Mr Zoo is planning to set up a mini Zoo in Howick. The following relates to different pricing plans of visiting the zoo and costs of running the zoo. Pricing Plan 1 - $30 per person (a special pack will be included) Pricing Plan 2 - $25 per visitor (the special pack not to be included) Variable Costs per visitor Special Pack - $8 Zoo Consumables - $7 Zoo Expenses - $2 Total Fixed Costs - $200,000. Write a
Mr Zoo is planning to set up a mini Zoo in Howick. The following relates to different pricing plans of visiting the zoo and costs of running the zoo. Pricing Plan 1 - $30 per person (a special pack will be included) Pricing Plan 2 - $25 per visitor (the special pack not to be included) Variable Costs per visitor Special Pack - $8 Zoo Consumables - $7 Zoo Expenses - $2 Total Fixed Costs - $200,000. Write a
Chapter1: Financial Statements And Business Decisions
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Mr Zoo is planning to set up a mini Zoo in Howick.
The following relates to different pricing plans of visiting the zoo and costs of running the zoo.
Pricing Plan 1 - $30 per person (a special pack will be included)
Pricing Plan 2 - $25 per visitor (the special pack not to be included)
Variable Costs per visitor
Special Pack - $8
Zoo Consumables - $7
Zoo Expenses - $2
Total Fixed Costs - $200,000.
- Write a report to Mr Zoo for recommending which pricing plan should be adopted. Your recommendation should include at least ONE piece of financial and ONE piece of non-financial information.
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