Financial Report for a School Production

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Financial Report for a School Production

AIM: The aim of the financial report is to supply information on the

costs and revenue of the school production to the school governors.

The finance office had some data on the income and expenditure of the

school production. This was used to generate an analysis of the

revenue of the production for the governors meeting.

REVENUE: The production took placed on three 3 evenings, the hall

could seat a total of three hundred and the tickets cost:

Adult tickets= £6.00

Children ticket = £2.50

=======================

OAP tickets = £3.00

===================

1st Night

Tickets Types

Total tickets

Total Revenue

Adult tickets

132

*£6.00

£792

Children ticket

50

* £2.50

£125

OAP tickets

20

* £3.00

£60

Total tickets and Amount

========================

202

£977

[IMAGE]

First night

The first night of the production, the number of sales of the adult

tickets were higher than the children tickets because a child would be

accompanied by his or her parents and other members of family (such as

any OAP's like their grandparents). This creates a situation where the

production seems to be directed for the adults as the primary

audience. 10% of the tickets were sold to the OAPs and their number

was fair enough because not all OAPs would be interested in children's

school production.65% of the tickets were sold to the adults and 25%

to the children. You will notice that there was a great decrease in

the children's tickets because they spend less money on advertisement

and the children tickets was too affordable. The percentage of the

ticket sold was 67%; putting more money in the advertisement could

increase this. The total revenue that they earn that day was below the

average because they spend less money on the advertisement.

2nd Night

Tickets Types

Show More
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