Answered step by step
Verified Expert Solution
Question
1 Approved Answer
This is a financial budget for facility management Prepare a budget worksheet for a fitness event being held at a Community Center. The expenses for
This is a financial budget for facility management
Prepare a budget worksheet for a fitness event being held at a Community Center. The expenses for the program total $7,700 You will create three scenarios. The first scenario is to show how much to charge each participant to cover the cost of food and beverage - $8.00 per person. Create the budget worksheet and show how many attendees are needed and what the cost of attendance would be to attend the fitness event. The second scenano will show a $1,000 profit. Show what the cost of a ticket would be and / or how many attendees are needed to have a profit of $1,000. The third scenario is to show a $5,000 profit. Show what the cost of a ticket would be and 1 or how many attendees are needed to have a profit of $1,000. Here are the budget parameters: - Cost for facility: $2,000 - Staff (concessions, ushers, security): $1,400 (20 staff members at $10 per hour for 7 hours) - Marketing: $500 - Giveaways: $300 - Printing: $2,000 - Salaried overhead: $1,500 - Food and beverage cost per artendee $8 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started