Preview

Fee Sitting

Powerful Essays
Open Document
Open Document
1219 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Fee Sitting
Fee Setting

Calculating Fixed Costs, Variable Costs, and Break-Even Point for a Program
Proposed Seminar Budget
1. Conference room rental $175.00 $ 175.00
2. Audiovisual equipment Rental $75.00
3. 4 presenters @ $500 $2,000.00
4. 45 workbooks @ $15 $675.00
5. 45 lunches @ $12 $540.00
6. 45 coffees @ $3.50 $158.00 Subtotal $3,623.00
7. Indirect costs @ 25% of $3,675.00 $ 906.00 Subtotal $4,529.00
8. Profit margin @ 5% of $4,594.00 $ 227.00 Total $4,756.00

Fixed Costs 1. Conference room rental $ 175.00 $175.00 2. Audiovisual equipment Rental $75.00 $75.00 3. 4 Presenters @ $500 $2000.00 4. Indirect costs A@ 25% of $ 3.675.00 $906.00 5. Profit Margin @ 5% of $ 4,594.00 $227.00 Total

You May Also Find These Documents Helpful

  • Powerful Essays

    Econ1203 Report

    • 2368 Words
    • 10 Pages

    * 68% of people are spending between $188 and $286 per day in excess of accommodation costs.…

    • 2368 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    A) Commercial = $1,000/hr , 30% demand decrease Intracompany: 223 hrs * $400/hr = $89,200 Commercial: 97 hrs * $1,000/hr = $97,000 Total: 320 hrs $186,200 Variable Exp: 320 hrs * 28.7/hr = $9,184 Sales $186,200 Variable Expenses ($9,184) Contribution Margin $177,016 Fixed Expenses…

    • 454 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Hcr/ Fee-for-Service

    • 308 Words
    • 2 Pages

    Fee-for-service payment method is based on provider charges which also mean the fee is paid after the patient receives services from the doctor. Fee-for-service would consist of the patient paying his or her monthly payment on time and then when visiting the doctor unless there is a co pay or a procedure that is done that day then there is no payment needed. If by chance there is a procedure done that day then before leaving there might be a cost when the medical biller bills the company the health insurance company might give the money back that you had to pay out of pocket. So the relationship between provider, patient, and the payer would be that the patient comes to see the provider for health issues, and the patient might have to pay a co pay, then the medical biller bills the payer and then the provider gets paid. Capitation is a fixed payment to a medical provider for all necessary services. This payment is received before the patient is seen and is received monthly even if the holder is not medically seen that month. The relationship between these is like this: the patient pays a monthly payment of the same rate every month to the payer who then pays the provider. The provider does take a chance of having to take a loss this way because all the patients are paying a set rate every month which covers whatever needs to be done. This means that if the patient comes in to be seen one time a month the provider took his chance and benefitted from this. Another occasion could happen and the patient be seen twenty times in that same month and still only had to pay that monthly rate and the provider would then be losing on his…

    • 308 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    CFA is an agreement between solicitors that is drawn up when the client wishes to make a claim. The CFA was first introduced in 1989 by Lord Chancellor on an entire Green Paper which sought opinion on the funding of litigation. The litigation is funded by the claimant only. Furthermore, if the claimant wins his/her case, the lawyer fees…

    • 1925 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    The conditional fee arrangement was introduced by the Access to Justice Act (AJA) 1999, as an attempt to transfer legal funding from the treasury to the private sector. This occurred as a result of an increasing and ridiculous growth in the cost of legal aid, namely from a few hundred million to well over 2.1 billion pounds from the 1980s to 2000. Moreover, it was not because demand was growing. Rather, number of cases relying on legal aid had decreased. Due to the need to control budget, Conditional fee arrangements are used to fund many civil cases which legal aid now excludes, and the issues brought about by conditional fee arrangements have been debated over the last decade. The conditional fee arrangements are sometime known as ‘no win, no fee’ agreements, which are not used for family or criminal matters, but can be used in many types of civil action. The no win no fee concept was first introduced in the UK under the Solicitors Conditional Fee Agreements act in 1995. The primary reason for the no win no fee system was to make sure that individuals who did not qualify for legal aid could still make personal injury claims, regardless of their personal situation. Section 58 of the Courts and legal Services Act (CLSA) 1990 permitted the Lord Chancellor to introduce conditional fee arrangements. By 2000 legal aid was actually abolished for personal injury claims, resulting in the no win no fee personal injury claim system being the normal system that most claims work under. The beauty of the policy is that if you do not win your case, you are not required to pay any sort of fees to your no win no fee solicitor. Instead, the insurance will cover any costs and expenses of all parties involved, including your no win no fee lawyer. This allows you the safety and security of knowing that even if you are someone who is financially struggling, you still have the right to make a claim, and you will not have to pay if you for some reason lose your case. If you happen to…

    • 2700 Words
    • 11 Pages
    Better Essays
  • Satisfactory Essays

    price ceilling

    • 364 Words
    • 1 Page

    There are different ways the government in a developing country wants to protect consumers from conditions that could make necessary merchandises out-of-the-way. One of the things is price ceiling, which a government-forced limit on the price charged for a product. Price ceiling is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply. Though, a price ceiling can cause problems if forced for a long period without controlled limits. Misuse occurs when a government accidentally priced a price as too high when the real problem is that the supply is too low. Price ceilings can produce negative results when the correct solution would have been to increase supply. It can introduce a black market, it can creates a persistent shortage, decreases in investment, or price on the black market ends up higher than the equilibrium price.…

    • 364 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Perform a risk assessment. Perform a risk assessment. Fill out the control table for Classic Catalog Company…

    • 262 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Many factors determine a patient 's eligibility for benefits. Employment status is one factor that may determine whether or not the patient still has benefits. If an employee no longer has a job they are by law to be offered what is known as COBRA by their employer for up to one year of termination or a new job whichever comes first.…

    • 399 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Credit Card Debt

    • 654 Words
    • 3 Pages

    1. The amount of interest $818.43 the amount of interest less the amount applied to reduce the principal which is $5,270.00. So you take the amount of interest $818.43 -$508.00 = 310.43 the amount to reduce the principal. I have inserted a pie chart to show my examples.…

    • 654 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    Law and Bank Holding Act

    • 512 Words
    • 3 Pages

    Legal stability helps ensure that citizens and businesses can manage their affairs efficiently (Lindquist & Cross, 2010). The order of the legal system helps to guarantee that all cases will be heard equally. Legislatures create laws that protect citizens and business, and when these laws are broken, the court system is used to reprimand the offenders. The court system is organized into two court structures, the federal system and state system (Kubasek, Brennan, & Browne 2009). There is a specific order to the organization to the court system and court proceedings, and this order promotes the stability of the legal system. Every player in the court system knows what to expect regarding their trial, and this predictability is important to ensure that the legal system is fair to all participants. Businesses and citizens alike benefit from a stable legal system because the laws are known and disputes are handled reasonably.…

    • 512 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Fee Lee Wong arrived in Deadwood Gulch in December 1876. Like many Chinese immigrants on the Western frontier, Wong came seeking his fortune. Unlike most, he ended up making Deadwood his home. He built a business, married, raised a large family, adopted North American ways and shared his own culture with his non-Chinese neighbors. In the process, he earned the deep respect of his countrymen and the people of Deadwood.…

    • 615 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Payment Plan

    • 373 Words
    • 2 Pages

    iii) PLC Charges Extra of Basic Sale Price (Applicable only for Flat No.3 & 4 – Block A AND Flat No.5 & 6 – Block B) on each floor…

    • 373 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    fees table

    • 655 Words
    • 3 Pages

    2014/15 Fee Levels The fee structure for research programmes changed for new entrants in 2013. For further information please see http://www2.lse.ac.uk/intranet/students/moneyMatters/tableOfFees/PGR-fee-structure-from-2013.pdf Home/ EU Overseas Per Full Unit Per Half Unit Undergraduate first degree 2014/15 new entrants £9,000 £16,392 N/A N/A Continuing students in year 2 £8,500 £16,392 £884 £442 Continuing students in year 3 £8,500 £16,392 £884 £442 General Course £16,874 £16,874 N/A N/A Home/ EU* Overseas Home/ EU* Overseas MRes Economics (track 1, year 1) £23,064 £23,064 £11,532 £11,532 MRes Economics (track 2, year 1 or track 1, year 2) £3,997 £15,312 £1,999 £7,656…

    • 655 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Semestral Report

    • 69 Words
    • 2 Pages

    Our Lady of the Pillar College-Cauayan Cauayan City,Isabela College of Engineering and Technology STATEMENT OF ACCOUNT A-Y: 2014-2015 Total collected money for the Sportsfest36,360.00 Expenses deducted for the: Pagaent 4,500.00 CheerDance 3,000.00 DanceSport 1,500.00 -------------- TOTAL 9,000.00 Expenses deducted for the: Banner with fare 2,575.00 Foods, Drink, Fare 22,195.00 --------------- TOTAL 24,770.00…

    • 69 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    After reading Chapter 4, I will answer the questions on page 153 one and two. In my personal opinion, Shelby should pay the $ 800 on her credit cards. She will only owe $ 1600 more if she puts the money on her balance. On questions two, Shelby should adjust her withholding taxes and put a little more in her savings account. Follow these four steps to determine which calculations to use. First, Shelby needs to establish your maximum tax bracket for federal income taxes. Second, she needs to subtract this rate as a decimal from 1.0. Third, Shelby needs to multiply the answer by the yield on her savings account. Fourth, the percentage is the after-tax number rate of her return. If she has to pay in at the end of the year, she can take…

    • 720 Words
    • 3 Pages
    Good Essays