Cradduck Cup

FILE MEMORANDUM
PREPARED BY: Eric Hebner
DATE: February 16, 2012
RE: Cost and Pricing Analysis for The Craddock Cup

PROBLEMS FACED: The Craddock Cup is a high school soccer tourney sponsored by the Craddock young Soccer Club. This tourney is generally seen as a succeeder by the participants, spectators, and by the community. When the tournament began the league was expecting a $6000 turn a value when in actuality the tournament expenses were growing quicker than the r raseues. These losses be starting to frustrate the board members and because of this manager Jose Rivaldo may pay off to cancel the tournament or worst case scenario he could lose his job.
FINANCIAL DATA/REFLECTION: The first topic that needs to be looked when looking at increasing profits is the overhead expenses (Current overhead expenses shown in fudge 1).The scenario that was looked at was to precipitate Mr. Rivaldos to two hours a week increasing Renee Jantsens time to 25 hours a week in the tournament (Scenario 1 shown in Table 2). This scenario would save money in overhead it would still create an overall loss for the tournament (Profit statement under scenario 1 shown in Table 3).
The conterminous item we look at was increasing the number of teams to 64 from 32.



First lets look at the profit statement under the 32 team scenario (See Table 4). As you can see under the current setup this tournament is operating in the negative. So if you were to add additional teams you would augment profits with the additional registration fees and the additional profits from concessions (See Table 5 for profit statement for 64 teams).
So if Mr. Rivaldo were to subjoin the amount of teams profits would increase. But what if he were able to clear in more college recruiters and because of this create additional face books, how some(prenominal) would he have to increase registration fees to break even ( See Table 6 for Break Even Analysis). As you can see with adding the additional costs for hotels, face books and the...If you pauperism to get a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper