Question

1. Your upcoming meeting has 2,500 attendees registered. You are reporting $80,000 in fixed costs and $85,000 in variable costs. What is your break-even fee for this meeting? Explain.

Answer 1

	Break Even point is point at where there is no profit and no loss
	It means our income is equl to your expenses
	So our total expenses of upcoming meeting = Variable Cost + Fixed Cost
	So our total expenses of upcoming meeting = $ 80,000 + $ 85,000
	So our total expenses of upcoming meeting = $ 165,000
	It means our break even fee for this meeting is $ 165,000
	Answer = $ 165,000