Questions: 1.) How many people should attend the seminar to break-even? 2.) Given this BEP number, how much is the a. revenue? b. expenses? c. profit? 3.) If the company can accommodate 60 persons to attend the seminar, how much is the profit? In connection to the previous problem, Jacob&Zach Co financial advising seminar, the organizers were able to find a small venue that only costs P4,300 to cover the rental for a conference hall. The organizers were also able to adjust the costs of advertising and other expenses to P5,800. Given these adjustments (VC and X are the same), 1.) How many persons must attend the seminar in order to break even? 2.) How much is the profit if there are 150 persons who will attend the seminar? 3.) If there are 150 people attending the seminar, what should the selling price be, if the company wants to get a profit of P34,150? (FC and VC are the same
Solve the quantitative analysis problem below:
Formulas:
BEP : Fixed cost / (selling price per unit)-(variable cost per unit)
: f / s - v
profit : sX - f - vX
(selling price per unit)(number of units sold) - [fixed cost + ( variable costs per unit)(number of units sold)]
Jacob&Zach Co is a company that offers financial advice for people want to plan their retirement ahead
of time. This company offers seminars and trainings on important topics related to retirement planning.
For every seminar, the company rents a conference hall for P5,000.00. The company also spends a total
of P7,500.00 to cover the cost of advertising and other expenses related to the conduct of the seminar. In
every seminar, the company gives token to all attendees and each token costs P85.00. Lastly, the company
charges P350.00 per person who wants to attend seminar.
Questions:
1.) How many people should attend the seminar to break-even?
2.) Given this BEP number, how much is the
a. revenue?
b. expenses?
c. profit?
3.) If the company can accommodate 60 persons to attend the seminar, how much is the profit?
In connection to the previous problem, Jacob&Zach Co financial advising seminar, the organizers were
able to find a small venue that only costs P4,300 to cover the rental for a conference hall. The organizers
were also able to adjust the costs of advertising and other expenses to P5,800.
Given these adjustments (VC and X are the same),
1.) How many persons must attend the seminar in order to break even?
2.) How much is the profit if there are 150 persons who will attend the seminar?
3.) If there are 150 people attending the seminar, what should the selling price be, if the company wants
to get a profit of P34,150? (FC and VC are the same)
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