\begin{tabular}{|l|r|r|} \hline Fixed Income & \multicolumn{1}{l}{BudgetedIncomesforSETUIncomeType} & Budgeted Amount \\ \hline & 1 Cash Donations & $500 \\ \hline \hline Total Fixed Income & & $500 \\ \hline Variable Income & Income Type & Budgeted Amount \\ \hline & 1 Income from Adult Ticket Sales & $1,575 \\ \hline Total Variable Income & 2 Income from Student and Senior Ticket Sales & $594 \\ \hline \hline & & $2,169 \\ \hline Total Ticket Income Per Show & $2,169 & \\ \hline Total Ticket Income for 3 Shows & $6,507 & \\ \hline Total Ticket Income for 4 Shows & $8,676 & \\ \hline \end{tabular} 2. a. Put your name on your document and in the file name for your document. Use the budgets prepared in Case 1a. Note that all the correct answers are filled in for you in the template for Case 1b. This is so everyone can start on an equal playing field. b. Assume that all funds are to come from ticket sales only and that there are four shows in total. Compute the breakeven point in number of tickets to be sold and in U.S. dollars. c. Assume the same in (b) but only three shows in total. Compute the breakeven point in number of tickets to be sold and in U.S. dollars. d. Assume that SETU would receive sponsorship funds (cash and in-kind donations) in addition to ticket sales for four shows. Compute the breakeven point in number of tickets to be sold and in U.S. dollars. e. Assume that SETU would receive sponsorship funds (cash and in-kind donations) in addition to ticket sales for three shows. Compute the breakeven point in number of tickets to be sold and in U.S. dollars. f. Are the ticket sales documented in 2b-2e feasible for the theatre company (keeping in mind the nature of the play, that it is staged by a community theater organization, and the ethnicity aspect)? Type Y for yes and N for no. 3. A common practice in SETU was to ignore labor or personal items contributed by members and loyal supporters who typically did not ask for receipts from the organization for tax purposes. We referred to these contributions as hidden costs because they were not included in the budget nor were they recorded in the financial statements. However, in the scenario where members or supporters did not have the expertise, these functions would require paid services, and the items would have to be purchased or rented. a. Identify and provide the approximate value of human resources and personal items that were contributed by actors and patrons in the Kamala production. (Just like in Case 1a, the correct number of rows are provided, you are only looking for 7 items) b. Incorporate these hidden costs, and measure their impact on the budgeted statement in Question 1. c. Incorporate these hidden costs, and measure their impact on the breakeven numbers calculated in Question 2. d. Are the ticket sales documented in 3c feasible for the theatre company (keeping in mind the nature of the play, that it is staged by a community theater organization, and the ethnicity aspect)? Type Y for yes and N for no. 4. In light of the added hidden costs discussed previously, determine what ticket prices Subrata and Jayanti would have to charge to break even for this production if they had to pay for all donated services and products, assuming they keep the same sales mix and could reach a. 50% capacity b. 65% capacity c. 80% capacity. \begin{tabular}{|l|r|r|} \hline Fixed Income & \multicolumn{1}{l}{BudgetedIncomesforSETUIncomeType} & Budgeted Amount \\ \hline & 1 Cash Donations & $500 \\ \hline \hline Total Fixed Income & & $500 \\ \hline Variable Income & Income Type & Budgeted Amount \\ \hline & 1 Income from Adult Ticket Sales & $1,575 \\ \hline Total Variable Income & 2 Income from Student and Senior Ticket Sales & $594 \\ \hline \hline & & $2,169 \\ \hline Total Ticket Income Per Show & $2,169 & \\ \hline Total Ticket Income for 3 Shows & $6,507 & \\ \hline Total Ticket Income for 4 Shows & $8,676 & \\ \hline \end{tabular} 2. a. Put your name on your document and in the file name for your document. Use the budgets prepared in Case 1a. Note that all the correct answers are filled in for you in the template for Case 1b. This is so everyone can start on an equal playing field. b. Assume that all funds are to come from ticket sales only and that there are four shows in total. Compute the breakeven point in number of tickets to be sold and in U.S. dollars. c. Assume the same in (b) but only three shows in total. Compute the breakeven point in number of tickets to be sold and in U.S. dollars. d. Assume that SETU would receive sponsorship funds (cash and in-kind donations) in addition to ticket sales for four shows. Compute the breakeven point in number of tickets to be sold and in U.S. dollars. e. Assume that SETU would receive sponsorship funds (cash and in-kind donations) in addition to ticket sales for three shows. Compute the breakeven point in number of tickets to be sold and in U.S. dollars. f. Are the ticket sales documented in 2b-2e feasible for the theatre company (keeping in mind the nature of the play, that it is staged by a community theater organization, and the ethnicity aspect)? Type Y for yes and N for no. 3. A common practice in SETU was to ignore labor or personal items contributed by members and loyal supporters who typically did not ask for receipts from the organization for tax purposes. We referred to these contributions as hidden costs because they were not included in the budget nor were they recorded in the financial statements. However, in the scenario where members or supporters did not have the expertise, these functions would require paid services, and the items would have to be purchased or rented. a. Identify and provide the approximate value of human resources and personal items that were contributed by actors and patrons in the Kamala production. (Just like in Case 1a, the correct number of rows are provided, you are only looking for 7 items) b. Incorporate these hidden costs, and measure their impact on the budgeted statement in Question 1. c. Incorporate these hidden costs, and measure their impact on the breakeven numbers calculated in Question 2. d. Are the ticket sales documented in 3c feasible for the theatre company (keeping in mind the nature of the play, that it is staged by a community theater organization, and the ethnicity aspect)? Type Y for yes and N for no. 4. In light of the added hidden costs discussed previously, determine what ticket prices Subrata and Jayanti would have to charge to break even for this production if they had to pay for all donated services and products, assuming they keep the same sales mix and could reach a. 50% capacity b. 65% capacity c. 80% capacity