Question
Simple Event Budget Task You are planning a one-day conference and you hope to make 1,000 profit out of it. The expected number of persons
Simple Event Budget Task
You are planning a one-day conference and you hope to make 1,000 profit out of it.
The expected number of persons attending is 100. The conference program will have four (4) speakers and each will be paid 150 for their services on the day.
The venue is a hotel function room and it will cost 1,000 for the day.
Other expected costs include:
Advertising 1,000, photocopying and printing 500, flowers and shrubs 200, table linen 100, giveaway stationery 200, and food and refreshments for all the participants at 10 per head.
What you must find out!
How much registration fees will you need to charge each conference participant to make the target 1,000 profit if you have 100 registrations?
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