Please review the following program expenses for a one- time all-day event. Expenses (2) Part-time Staff...
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Please review the following program expenses for a one- time all-day event. Expenses (2) Part-time Staff Program Supplies Program Snack $260 $180 $50 a) How much revenue must the program make to break-even? b) What would your total costs be with a 10% contingency? 20% contingency? 30 contingency? c) How much revenue must you make to have a $100 profit? (Calculate with a 10% contingency). d) What are three ways to increase revenue in this scenario? e) You ultimately decide to break even. Your only source of revenue is what you charge participants to use your program. How much should you charge each participant if you have 12 participants? (Calculate with a 10% contingency). f) You ultimately decide to break even. Your only source of revenue is what you charge participants to use your program. How many participants should you attract if you decide to charge $25? (Calculate with a 10% contingency). Please review the following program expenses for a one- time all-day event. Expenses (2) Part-time Staff Program Supplies Program Snack $260 $180 $50 a) How much revenue must the program make to break-even? b) What would your total costs be with a 10% contingency? 20% contingency? 30 contingency? c) How much revenue must you make to have a $100 profit? (Calculate with a 10% contingency). d) What are three ways to increase revenue in this scenario? e) You ultimately decide to break even. Your only source of revenue is what you charge participants to use your program. How much should you charge each participant if you have 12 participants? (Calculate with a 10% contingency). f) You ultimately decide to break even. Your only source of revenue is what you charge participants to use your program. How many participants should you attract if you decide to charge $25? (Calculate with a 10% contingency).
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ANSWER a To break even the revenue generated must cover all expenses The total expenses in this case are Parttime Staff 260 Program Supplies 180 Progr... View the full answer
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