Solve the quantitative analysis problembelow: Formulas:  BEP : Fixed cost / (selling price per unit)-(variable cost per unit)          : f / s - v profit :  sX - f - vX (selling price per unit)(number of units sold) - [fixed cost + ( variable costs per unit)(number of units sold)]   Jacob&Zach Co is a company that offers financial advice for people want to plan their retirement ahead  of time. This company offers seminars and trainings on important topics related to retirement planning.  For every seminar, the company rents a conference hall for P5,000.00. The company also spends a total  of P7,500.00 to cover the cost of advertising and other expenses related to the conduct of the seminar. In  every seminar, the company gives token to all attendees and each token costs P85.00. Lastly, the company charges P350.00 per person who wants to attend seminar.  Questions: 1.) How many people should attend the seminar to break-even?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Solve the quantitative analysis problembelow:

Formulas: 

BEP : Fixed cost / (selling price per unit)-(variable cost per unit)

         : f / s - v

profit :  sX - f - vX

(selling price per unit)(number of units sold) - [fixed cost + ( variable costs per unit)(number of units sold)]

 

Jacob&Zach Co is a company that offers financial advice for people want to plan their retirement ahead 
of time. This company offers seminars and trainings on important topics related to retirement planning. 
For every seminar, the company rents a conference hall for P5,000.00. The company also spends a total 
of P7,500.00 to cover the cost of advertising and other expenses related to the conduct of the seminar. In 
every seminar, the company gives token to all attendees and each token costs P85.00. Lastly, the company
charges P350.00 per person who wants to attend seminar. 
Questions:
1.) How many people should attend the seminar to break-even?


2.) Given this BEP number, how much is the


a. revenue?
b. expenses?
c. profit?


3.) If the company can accommodate 60 persons to attend the seminar, how much is the profit?

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why is revenue in problem 1: 2 b  16510 ?

 

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