A group is planning a conference. The cost to rent the space is $1,000. Each attendee...
A group is planning a conference. The cost to rent the space is $1,000. Each attendee will be charged $50.00 to attend, but the group provides a lunch (the group will pay $10.00 for each lunch). What is the break-even point? CHOOSE ONE
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20 attendees.
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25 attendees.
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30 attendees.
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35 attendees.
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40 attendees.
Homework Answers
Answer ; 25 Attendees.
>> CM per unit = $ 50 - $ 10 = $ 40.
>>Break even units = Fixed cost / CM per unit = $ 1000 / $ 40 = 25 attendees
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