a business in entertainment extravaganza starts a facility where a single ticket is 610219
A business in entertainment, Extravaganza, starts a facility where a single ticket is charged at INR 30. The breakup cost per person is given in . The fixed expenses of the Extravaganza total INR 8,000. Calculate the breakeven price for a single ticket that the business must sell
Table 5.1 Break-up cost of one ticket
|
Price per ticket |
INR 30 |
|
|
Less: Variable expenses |
||
|
Dinner |
INR 7 |
|
|
Favours and program |
3 |
10 |
|
Contribution margin per person |
INR 20 |