This has another question which is Vii. The profit or loss if the number of tickets sold is 400 tickets Viii.Identify and explain 4 limitations of cost volume price analysis (200words max)

An event organising firm is running a one-day event and ticket price is E20 and variable costs are E8 per customer. Fixed Costs for the event are $6,000. a) Calculate: i. The contribution to sales ratio 2 marks ii. The number of tickets to be sold to Break Even 2 marks iii. The BEP in terms of Sales Revenue 2 marks iv. The number of tickets to be sold to make $6,000 profit 2 marks V. The Margin of Safety in revenue if 600 tickets are sold 3 marks vi. The margin of safety in percentage if 600 tickets are sold