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An organization expects 6,000 people to attend its annual conference. Fixed costs for mounting the conference are expected to total $320,000, and given that variable
An organization expects 6,000 people to attend its annual conference. Fixed costs for mounting the conference are expected to total $320,000, and given that variable costs should be $50 per attendee, what should the organizers of the conference be charging each person who attends, if they want this event to have a profit of $24,000?
Fixed Cost | $ 320,000.00 |
# of Attendees | 6000 |
Variable Cost | $ 50.00 |
Total Variable Cost | $ |
Total Cost | $ |
Target Profit | $ 24,000.00 |
Ticket Price | $ |
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