CVP_CharityFunRun_Solution

50 150 300 8 variable costs costs per person race

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 50 3.00 8 Variable costs (costs per person) Race numbers (you will know this number from entries) Water sachets (R0.75 x 2 per person) (you will know this number from entries) Refreshments (you will know this number from entries) Contributions to fixed cost & profit required per person (3,600 persons estimated) = (Fixed costs + Target Profit) / 3,600 persons = (R12,000 + R60,000) / 3,600 persons = R20 per person Fun run entry fee Contribution per person toward fixed costs Add variable costs per person Question and solution by Colin C Smith 2013 R20 8 R28...
View Full Document

Ask a homework question - tutors are online