Fee Seeting

In: Social Issues

Submitted By duck1968
Words 250
Pages 1
Fee Setting
Fixed Costs
Conference room rental $175.
Audiovisual room rental $75.
4 presenters@$500. $2,000.
Indirect cost@25% of $3,675.00 $906.
Profit margin@5% of $4,529.00 $227
Total fixed cost $3,383.00

Variable costs
45workbooks@$15.00 $675.00
45lunches@$12.00 $540.00
45coffees@$3.50 $158.00
Total variable cost $1,372.52

The breakeven point is $4755.00

Breakeven Point
XP=A+BX
45P=3383+3.50(45)
45P=3383+158.00
45P=3541.00+1373
45P=4914
P=109

Fixed costs without the profit margin
Conference room rental 175.00
Audiovisual room 75.00
4presenter@500 2000.00
Indirect cost@25%of3675.00 906.00
Total 3156.00

Breakeven point (30people)
XP=A+BX
30P=3156+3.50(30)
30P=3156+105.00
30P=3261+915
30P=4176
P=140.00 Variable costs
30 workbooks@$15 450.00
30lunches@$12 360.00
30coffees@3.30 105
TOTAL $915.00
Breakeven point is $4071.00
The most important issues for a human service agency to address in fee setting would be the fixed cost, variable costs, breakeven points, and fee schedules. I went with 30 people in the conference room because it would allow for more room for the attendees as well as equipment if needed. By applying 30 people leaves the agency cost at 31 per person.
The fee setting for 45 people would be $109.00 and with 30 people it would be $109.00 per…...

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