Exercise 7
Simple Program Budget
Your Task:
Lots of Fun Inc. is a business that is planning to put on a ten week program to introduce kids into drama. The maximum number of participants is 20.
A hall has been booked in the town's cultural centre for two hours each Wednesday evening for $30 per hour.
A qualified teacher has been hired for the program who will cost $45 per hour.
Lots of Fun Inc. have a sound system of their own but there is likely to be a need to purchase CD's costing $30.
The program will be advertised in the local newspaper over a three week period at a total cost of $390.
Other incidental costs include photocopying $80.
How much should Lots of Fun charge each participant for the ten week program if Lots of Fun want to make a $2,000 profit.
Produce a one page summary that sets out all costs and shows how the participants fees are calculated.
Ensure your document has professional appearance and has appropriate headers and footers.
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