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please answer question ( c ) Calculate the breakeven point in number of participants your answers to unit dollars. Ouestion 2 (Total 50 marks) (6
please answer questioncCalculate the breakeven point in number of participants
your answers to unit dollars. Ouestion 2 (Total 50 marks) (6 marks) Pioneer Training is organizing a one-day seminar on Artificial Intelligent (A1). The venue rental and the speaker fee are S20,000 and $8,000 respectively. The estimated number of participants is 100 and expected profit for the seminar is $50,000. The cost of food and beverage is $520 per participant including running coffee and tea, and an executive lunch. A free complimentary executive lunch will be provided to the speaker. Required: (a) (b) (c) (d) Calculate the total contribution margin and the total registration fee income for the seminar. Calculate the contribution margin ratio. Calculate the breakeven point in number of participants Calculate the extra profit arising from admitting a further 50 participants. (12 marks) (6 marks) (8 marks) (10 marks) Pioneer Training would like to earn a profit of $100,000 instead and the caterer has agreed to allow a $20 cut on the cost of food and beverage per participant. Calculate the number of participants required if the registration fee income per participant remain the same. (14 marks)
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