Question: Please create a break-even analysis on a Spreadsheet for a theatrical production. Please advise how many tickets must be sold to break even and what
Please create a break-even analysis on a Spreadsheet for a theatrical production. Please advise how many tickets must be sold to break even and what are the variable costs for the production?
500 seats in the theatre
There will be 3 shows: Two on Saturday and one on a Sunday afternoon.
The ticket price is $35 per person.
During the month of January, the company put on 6 shows total which were for two weekends.
Here are all costs associated with the production for the month of January.
Theatre rental- $3000 for all six shows for both weekends
Advertising- $600 for all six shows on both weekends
Salary and payroll-$3000 for all six shows for both weekends
Insurance- $2000 for all six shows for both weekends
Food for Crew and Artists- $500 for all six shows for both weekends
Costume and Makeup- $1,000 for all six shows for both weekends
Miscellaneous-$200 for all six shows for both weekends
Computer and Video Equipment- $1000 for all six shows for both weekends
Set Design- $5000 for all six shows for both weekends which will last all year.
Legal Expenses- $2000 for the month of January.
Please use the break-even point formula: BEP = FC / (P - AVC)
Thank you for your help!
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