Year 10 Business Use the slides below to complete your work on Break-Even.

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Year 10 Business Use the slides below to complete your work on Break-Even

Year 10 Business Task 4 For the final part of this assignment you are to calculate break even using given data to show the level at which income equals expenditure. OPEN AN EXCEL SPREADSHEET First explain what breakeven means and then calculate breakeven using the information illustrated below. You will be working out how many races need to be entered in the first season in order to breakeven. You have a maximum of 20 races. The data is as follows: Remember Output = Number of Races – Go up to 20!!! Fixed costs (rent, wages, insurance, etc) – 1,000,000 Variable costs per race (tyres, fuel, repairs, etc) – 40,000 Total Revenue per race – (including prize money, sponsorship, etc) - 100,000 This provides evidence for P4

Links Resources\321_Understanding_break_even.p pt Resources\321_Understanding_break_even.p pt Resources\322_Calculating_break_even.ppt Resources\323_Using_break_even.ppt Resources\Section 2 Break-Even\break even point.pdf Resources\Section 2 Break-Even\break even point.pdf

Other Links Resources\Section 2 Break-Even\Definitions - Break Even.ppt Resources\Section 2 Break-Even\Definitions - Break Even.ppt