Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Break even Analysis Costs of a Sprint Triathlon include 5 hours of facility use, community police costs, materials and supplies, permits, trophies and food. The

image text in transcribed
Break even Analysis Costs of a Sprint Triathlon include 5 hours of facility use, community police costs, materials and supplies, permits, trophies and food. The event includes Swim, Bike and Run segments. The rental costs include overhead and is $475,00, Complete the following worksheet to help you answer the questions below. Costs: Trophies 563.00 Timing Rental 1200.00 Participant timing chit (worn by each participant to track times) 2.00 per athlete Food costs: 5.00 per athlete Bike Rack rental 10.00 X 25 Facility Rental 475.00 Law enforcement 20.00 X8 Insurance 100 for every 100 participants Subsidy: Sponsored by HESRM INDIRECT COSTS DIRECT FIXED COSTS CHANGING FIXED COSTS TOTAL FIXED COSTS - Subsidy VARIABLE COSTS Depends on number of athletes. 1000.00 $ $ $ $ Total cost ??????? Athletes Expected 125 150 175 200 100 Participants Total Indirect costs Direct Fixed costs Changing fixed cost Variable costs TOTAL COSTS cost per participant 57. How much would you CLEAR (after costs) if 200 athletes participated paying 60.00 per athlete? a. about $6835 b. about $8523 c. about $9315 d. about $10,114 58. What would be the cost per participant (break-even) if you had 150 people (closest answer)? a, about $18.85 b. about $16.48 c. about $14.90 d. about $13.37 d. about $ 4000 59. What would the total Direct Fixed Costs for the trail a. about $1000 b. about $2000 c. about $ 3000 60. How much does the variable cost go up per 25 participants? a. 175.00 b. 200.00 C. 225.00 d. 250.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

External Quality Audit Has It Improved Quality Assurance In Universities

Authors: Mahsood Shah, Chenicheri Sid Nair

1st Edition

1843346761, 978-1843346760

More Books

Students also viewed these Accounting questions

Question

Solve the integral:

Answered: 1 week ago

Question

What is meant by Non-programmed decision?

Answered: 1 week ago

Question

What are the different techniques used in decision making?

Answered: 1 week ago