Calculate total break even and how much does game day


Attendance in 2015 was 15000, in 2014 attendance was 15000 in 2013 attendance was 17000. revenue in 2015 was 121000 in 2014 revenue was 124000 in 2013 revenue was 122000. game day tickets in 2015 was 12100 in 2014 game day tickets were124000 in 2013 game day tickets were 122000. expenses in 2015 was 137000 in 2014 expenses were 137000 in 2013 expenses were 14400. Here is a break down of expenses.

sporting expenses in 2015 was 44000 ,in 2014 42000, in 2013 39000

Tickets and marketing in2015 17000, in 2014 18000, in 2013 17000

stadium expense, variable in 2015 59000, in 2014 59000, in 2013 70000

stadium expense, fixed in 2015 17000 in 2014 18000, in2013 18000

profit (loss) in 2015 16000 in 2014 13000 in 2013 22000

ticket cost is 22.50

variable ticket cost per fan is .96

variable stadium cost is 3.93

fixed cost for 2015 is74000

calculate total break even and how much does game day attendance need to increase to show a profit. also how much should game day attendance increase if they decide to spend an additional 30000.00

Solution Preview :

Prepared by a verified Expert
Financial Accounting: Calculate total break even and how much does game day
Reference No:- TGS02619670

Now Priced at $15 (50% Discount)

Recommended (98%)

Rated (4.3/5)