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Use the information on fixed costs calculated above in conjunction with the other information in the table to calculate a breakeven point quantity for each
- Use the information on fixed costs calculated above in conjunction with the other information in the table to calculate a breakeven point quantity for each item listed. In other words, how many of each item must be sold to cover the portion of fixed costs allocated to it? This may require you to review the model we covered in the video and the chapter. Please place your answers in the relevant cells of column G on the Manual sheet.
- Now that we have the breakeven quantity, use the selling price to show the dollar value of sales that is necessary to break even for each item. That is, how much revenue do we need to generate from each of the items listed in order to break even? Please place your answers in the relevant cells of column H on the Manual sheet.
- Calculate the total amount of revenue that the stadium must generate in order to break even on a per-game basis (sum the individual revenues, using the SUM function in Excel). Please place your answer in cell H12 on the Manual sheet.
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