Question
Cost Analysis for Event Management: Cost Component Cost per Event Variable Costs $2,000 Total Fixed Costs $30,000 Given a selling price per event of $5,000
Cost Analysis for Event Management:
Cost Component | Cost per Event |
Variable Costs | $2,000 |
Total Fixed Costs | $30,000 |
Given a selling price per event of $5,000 and a target profit of $20,000, calculate the number of events the company needs to organize and the total revenue required to reach the target profit.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 1
1119048532, 978-1119048534
