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Course Library · Lesson 3 of 6
Money · Guided lesson

Test attendance and an accessible price mix

About 30 minutes · 8 reading + 22 practice and checks
Time includes reading, practice, and questions. Extra videos or further study are optional.
See this course’s project requirements

An event finance packet with classified costs, ticket break-even, price scenarios, deposit timing, refund stress and actual reconciliation.

Keep your working files in your own notebook or software. Save a private description, checklist, and work link in My Proof.

What to include

  • A classified event budget and paid-ticket capacity limit.
  • A verified whole-ticket break-even calculation with a capacity check. An attendance scenario table and a funded reduced-price ticket mix.
  • A deposit schedule with a quantified cash gap and commitment condition.
  • A refund stress test with retained receipts and committed costs reconciled.
  • A reconciled event finance packet and a supported next-event recommendation.

Review and revise

Use these criteria to check your work and choose what to improve.

  • Calculations reconcile to the supplied records, with units and dates labeled.
  • Assumptions and missing information are visible, including the changed scenario.
  • The recommendation follows the evidence and explains an important limitation.
  • The six lesson outputs form a usable handoff that another learner can check.
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Before you begin

The idea in everyday life

Reset to Lantern at standard tickets $15, variable cost $3 per paid ticket, fixed budget provision $720 and confirmed sponsorship $200. Test 30, 60 and 90 paid guests. Then, separately, test 60 paid guests consisting of 40 standard $15 tickets and 20 reduced-price $10 tickets. Capacity still includes ten complimentary guests.

The idea

Attendance and ticket mix change the budget result. Show a lower-demand case and keep reduced-price places explicit.

Follow along

Test attendance and an accessible price mix — worked practice

Attendance and ticket mix change the budget result. Show a lower-demand case and keep reduced-price places explicit.

Reset to Lantern at standard tickets $15, variable cost $3 per paid ticket, fixed budget provision $720 and confirmed sponsorship $200. Test 30, 60 and 90 paid guests. Then, separately, test 60 paid guests consisting of 40 standard $15 tickets and 20 reduced-price $10 tickets. Capacity still includes ten complimentary guests.

  1. 1. Calculate attendance cases

    Use paid tickets × 15 + 200 − (720 + paid tickets × 3).

    You should see: Budget results for 30, 60 and 90 paid guests are −$160, $200 and $560.

    These scenarios are possibilities, not forecasts of guaranteed demand.

  2. 2. Calculate mixed-price revenue

    Multiply 40 by $15 and 20 by $10.

    You should see: Mixed ticket revenue is $800.

    Do not price all 60 tickets at the standard rate.

  3. 3. Keep costs consistent

    Calculate $720 + 60 × $3 and add sponsorship to receipts.

    You should see: Total budget provision is $900; mixed receipts are $1000; balance is $100.

    Discounts change revenue; the supplied variable cost remains $3.

  4. 4. Compare choices

    Record that the reduced-price plan gives up $100 of the standard 60-ticket balance.

    You should see: The 20 reduced-price places fit this case while preserving a $100 balance after the reserve provision.

    Affordability is a design choice that needs visible funding.

Now change one thing

Sell 30 tickets at 15 and 10 at 8. Enter total ticket revenue.

Your work

What to finish

An attendance scenario table and a funded reduced-price ticket mix.

Common mistake

Watch for this

Calling the highest attendance case the expected result without evidence.

How can I tell I understand it?

Explain your calculation or classification and reproduce the changed case without copying the worked result.

Try 3 questions

Quick knowledge check

Answer all 3 questions. Get at least 2 right and the lesson completes automatically.

Not yet passed

You’ll get an explanation for each answer. Signed in? Your results save to your account.

1Twenty tickets sell for 20 and ten for 12. Ticket revenue is?
2A 5-dollar discount is offered on 12 tickets with costs unchanged. The budget balance decreases by?
3Which statement is supported by a high-attendance scenario?
0 of 3 answeredApply the lesson to a short question, then review the explanation.
3
Finish this lesson

Pass the check. We’ll save the progress.

Answer all 3 questions above and get at least 2 right. You can review the explanations and try again.

Go to the knowledge check
Optional course overview video · same video as Lesson 1
EdspiraBreak Even Point (in units) ExampleYouTube
Optional course overview

Break Even Point (in units) Example

From Edspira. Watch here or open it on YouTube .

Optional course overview. Follow the written steps below at your own pace.
Tools, templates, and lesson sources

Tools and templates

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Sources and further reading

Explore the references behind this lesson.

Planning Special Events — University of Florida IFAS
Source & access notes · checked 2026-09-12

Inspected the event budget section covering expected income and a full inventory of costs.

Access: Public page inspected without a sign-in; linked services may have separate requirements.

Reuse: Link to the original. Free reading does not imply permission to reproduce the page; lessons and fixtures here are original.

Plan Your Business — SBA cost and break-even guidance
Source & access notes · checked 2026-09-12

Inspected startup cost and break-even analysis sections; used the fixed-cost and contribution relationship, not financing offers.

Access: Public page inspected without a sign-in; linked services may have separate requirements.

Reuse: Link to the original. Free reading does not imply permission to reproduce the page; lessons and fixtures here are original.

Planning and Writing an Annual Budget — University of Kansas
Source & access notes · checked 2026-09-12

Inspected income, expense planning, assumptions and financial review.

Access: Public page inspected without a sign-in; linked services may have separate requirements.

Reuse: Link to the original. Free reading does not imply permission to reproduce the page; lessons and fixtures here are original.

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