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Mf & gc world cup finance fun

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Georg Coakley
Georg Coakley

The document contains a series of word problems related to business concepts like costs, revenue, profit, loss, and break-even point. It discusses scenarios involving a stadium owner hosting a World Cup match and a company manufacturing World Cup balls. It asks the reader to calculate total costs, distinguish fixed and variable and start-up and running costs, determine if revenue covers costs to find the profit or loss, and calculate the break-even point for units sold. The purpose is to consolidate learning of key business topics through practical examples related to the World Cup.

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Mr C & Mr Fs Crazy World Cup Conundrums!FUN TASK designed to bring in / tie together ALL the topics weve been doing these past couple of weeks!BREAK-EVENCOSTS (START-UP & RUNNING)PROFITS LOSSREVENUE / TURNOVER
Mr C & Mr Fs Crazy World Cup Conundrums!England v Algeria 7:30pm BBCGreen Point Stadium Cape Town South Africa TONIGHT!How many Vuvuzelas will need to be sold by Andre Preneur (Stadium Owner ) to cover the cost of hosting the big match tonight?Cost of hosting match 贈2 Million (Mr Williams News Research!)Cost of making Vuvuzela 50p each Vuvuzela sells for 贈5 eachDoes Vuvuzela revenue cover costs (assuming everyone buys one)? Does Andre cover the costs?How big would the stadium have to be to break even using vuvuzela revenue?
Mr C & Mr Fs Crazy World Cup Conundrums!England v Algeria 7:30pm BBCGreen Point Stadium Cape Town South Africa TONIGHT!What about other sources of REVENUE?Name 5!(SPACE TO RECORD REVENUE SOURCES AND RELEVANT COSTS AND SELLING PRICES)Now does Andre cover costs?(Dont forget income from the Vuvuzelas!)Does he make a PROFIT or a LOSS?Can you now define COSTS, REVENUE, PROFIT AND LOSS?
Mr C & Mr Fs Crazy World Cup Conundrums!Adidas are the official suppliers of the World Cup Ball JabulaniWhen Adidas were approached by FIFA to make 800 Footballs for the World Cup, they had to come up with some financial figures (based on 2 months work) 3 Designers Wages - 贈300,000Factory Premises Germany - 贈2.2MWorkers (10) Wages - 贈200,000Materials - 贈80,000Heating - 贈200,000Lighting - 贈10,000Electricity - 贈500,000Water - 贈30,000Canteen Facilities - 贈20,000What are the TOTAL COSTS?Which are START-UP and which are RUNNING COSTS?
Mr C & Mr Fs Crazy World Cup Conundrums!Adidas reckon they could make some money from Jabulani sales worldwide! When do they break-even according to the figures and formula below..Rent for Factory - 贈2MTax - 贈5MInsurance - 贈1MHeating, Lighting, Electric etc - 贈2MWorkers Wages per ball - 贈10Materials per ball - 贈3Each ball retails (sells) for 贈80Break Even Formula FC / (SP-VC)What is the Break even point? How many balls will need to be sold?
Mr C & Mr Fs Crazy World Cup Conundrums!ONE LAST CHECK:What are COSTS?FIXED COSTS?VARIABLE COSTS?START-UP COSTS?RUNNING COSTS?What is PROFIT?LOSS?REVENUE?SELLING PRICE?BREAK-EVEN?WHO ELSE IS MAKING MONEY FROM THE WORLD CUP?
Mr C & Mr Fs Crazy World Cup Conundrums!REWARD TIMEWORLD CUP MATCH or INTERNET TIME

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Mf & gc world cup finance fun

  • 1. Mr C & Mr Fs Crazy World Cup Conundrums!FUN TASK designed to bring in / tie together ALL the topics weve been doing these past couple of weeks!BREAK-EVENCOSTS (START-UP & RUNNING)PROFITS LOSSREVENUE / TURNOVER
  • 2. Mr C & Mr Fs Crazy World Cup Conundrums!England v Algeria 7:30pm BBCGreen Point Stadium Cape Town South Africa TONIGHT!How many Vuvuzelas will need to be sold by Andre Preneur (Stadium Owner ) to cover the cost of hosting the big match tonight?Cost of hosting match 贈2 Million (Mr Williams News Research!)Cost of making Vuvuzela 50p each Vuvuzela sells for 贈5 eachDoes Vuvuzela revenue cover costs (assuming everyone buys one)? Does Andre cover the costs?How big would the stadium have to be to break even using vuvuzela revenue?
  • 3. Mr C & Mr Fs Crazy World Cup Conundrums!England v Algeria 7:30pm BBCGreen Point Stadium Cape Town South Africa TONIGHT!What about other sources of REVENUE?Name 5!(SPACE TO RECORD REVENUE SOURCES AND RELEVANT COSTS AND SELLING PRICES)Now does Andre cover costs?(Dont forget income from the Vuvuzelas!)Does he make a PROFIT or a LOSS?Can you now define COSTS, REVENUE, PROFIT AND LOSS?
  • 4. Mr C & Mr Fs Crazy World Cup Conundrums!Adidas are the official suppliers of the World Cup Ball JabulaniWhen Adidas were approached by FIFA to make 800 Footballs for the World Cup, they had to come up with some financial figures (based on 2 months work) 3 Designers Wages - 贈300,000Factory Premises Germany - 贈2.2MWorkers (10) Wages - 贈200,000Materials - 贈80,000Heating - 贈200,000Lighting - 贈10,000Electricity - 贈500,000Water - 贈30,000Canteen Facilities - 贈20,000What are the TOTAL COSTS?Which are START-UP and which are RUNNING COSTS?
  • 5. Mr C & Mr Fs Crazy World Cup Conundrums!Adidas reckon they could make some money from Jabulani sales worldwide! When do they break-even according to the figures and formula below..Rent for Factory - 贈2MTax - 贈5MInsurance - 贈1MHeating, Lighting, Electric etc - 贈2MWorkers Wages per ball - 贈10Materials per ball - 贈3Each ball retails (sells) for 贈80Break Even Formula FC / (SP-VC)What is the Break even point? How many balls will need to be sold?
  • 6. Mr C & Mr Fs Crazy World Cup Conundrums!ONE LAST CHECK:What are COSTS?FIXED COSTS?VARIABLE COSTS?START-UP COSTS?RUNNING COSTS?What is PROFIT?LOSS?REVENUE?SELLING PRICE?BREAK-EVEN?WHO ELSE IS MAKING MONEY FROM THE WORLD CUP?
  • 7. Mr C & Mr Fs Crazy World Cup Conundrums!REWARD TIMEWORLD CUP MATCH or INTERNET TIME