Question: Final Project - CVP analysis Unit Title Cost Accounting Instructions: Required: For the CVP analysis element of the assignment, you should: Decide on how many
| Final Project - CVP analysis | |
| Unit Title | Cost Accounting |
| Instructions: | Required: For the CVP analysis element of the assignment, you should: Decide on how many tickets you will sell and calculate potential revenue Identify the cost of everything e.g. DJs, security, lighting costs, etc. You do not need to calculate the cost of the drinks sold as this will be tricky. However, you do need to consider the cost of one free drink per customer Identify the fixed and variable costs Calculate the potential profit, profit margin Calculate the break-even point Your financial details this must include details of all the costs involved in the whole organisation and running of the event. You must also provide details of your break-even point
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Use the following table to perform the CVP analysis:
| Units sold | Fixed cost | Variable cost per person | Total Costs | Sales | profit/loss |
| 0 | 3,000 | 40 | 3,000 | 0 | -3,000 |
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Rubric -Cost-Volume-Profit Graphing Exercise
Final Project - CVP analysis
Cost Accounting
Required: For the CVP analysis element of the assignment, you should:
Decide on how many tickets you will sell and calculate potential revenue
Identify the cost of everything - e.g. DJs, security, lighting costs, etc.
You do not need to calculate the cost of the drinks sold as this will be tricky. However, you do need to consider the cost of one free drink per customer
Identify the fixed and variable costs
Calculate the potential profit, profit margin
Calculate the break-even point
- Your financial details - this must include details of all the costs involved in the whole organisation and running o the event. You must also provide details of your break. even point
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