Develop a break-even analysis of a minor softball tournament, using the following information:

Tournament entry fees $50 per player

Insurance costs (fixed) $500

Administrator salary (fixed) $1,000

Supplies (fixed) $500

Field rental (fixed) $2,000

Referee fees $5 per player

Food expense $5 per player

Total fixed costs $4,000

Answer the following questions?

What are the average variable costs $_______

What are the average revenues $_______

What are the contribution margins $_______

How many players would be needed to break even _________