This preview shows page 1. Sign up to view the full content.
Unformatted text preview: Ticket Cost # Sold Revenue Per Person Food Total Food Cost Hire SRR Profits $20 200 $4,000 $8 $1,600 $400 $2,000 On the other hand, if we were to stick with selling tickets at $15 each, we would only be profiting $1,000. Subtracting Total Cost from Revenue, our total profits would be a merely $1,000. Tickets Sold Revenue Hire SRR Food Cost Total Cost Total Profit 280 4200 400 2800 3200 1000 With my analysis, I recommend our fund-raiser charging $20 per person, 200 people, so we can double our profits if we had stuck to $15 a person. It will benefit us greatly, and it is only $5 more. Thank You, Michael Lane...
View Full Document
This note was uploaded on 10/13/2008 for the course MSIS 101 taught by Professor Kletke during the Spring '08 term at Oklahoma State.
- Spring '08