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

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

1000

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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