1. Determine the number of tour packages at the break-even point. 2. Determine the income if 8 tour packages are sold. 9000 3. Hence calculate the profit made from 6 tour packages sold. Use the formula: Profit = Income - Expenses - VAT payable 4. Determine the number of tour packages that were sold if the expense are R1 500 more than the income
Solución de tutoría real
Responder
Solución
¡Inicia sesión para desbloquear respuestas gratis!
Una plataforma de aprendizaje en la que confían millones de estudiantes y profesores reales.
Revisado y aprobado por el equipo de tutoría de UpStudy
Extra Insights
In the realm of tourism and business, understanding break-even points is crucial. For a tour package venture, if your fixed expenses (like rental for tour buses or salaries) and variable costs (like snacks or tickets) are known, you can calculate how many packages you need to sell to cover these costs. Just divide your total fixed costs by the profit per package to get that golden number! Now, let’s talk about real-world applications! For instance, managing a tour company could mean adjusting your packages based on trends, like eco-tourism or adventure travel. You can analyze customer preferences to optimize your tours, adjusting price points and marketing strategies to boost sales, especially during peak seasons when travelers are on the lookout for attractive packages!