1. Breakeven
Charts
Breaking even at Croke
Park

2. Breaking even at Croke Park
The GAA Congress has supplied the
following information about Croke
Park.
It has a seating capacity of 80,000.
Croke park’s total annual fixed costs
are over €2 million per annum.
The selling price per ticket is €70
The variable cost per unit is €20
The GAA needs to know how many
tickets do they need to sell in order to
breakeven?

3. What are the Fixed and
Variable costs for the GAA

4. Question
 Illustrate by means of a breakeven chart
 The breakeven point
 The profit at maximum capacity
 The margin of safety at maximum capacity

5. Step 1 – Calculate the
Breakeven point
 Formula: (show workings)
Total Fixed Costs
Contribution per unit

6. Step 2 - Calculations
 Workings

7. Step 3 – Illustrate the
information on a breakeven
chart.

8. Step 4 – Profit at Maximum
Capacity
 Profit = Total Revenue – Total Costs

9. Step 5 - Margin of Safety
 How far estimated  Formula:
sales can fall
before the firm  Volumeof Sales –
becomes loss Breakeven point
making

10. Illustrate the effect on the
breakeven point if variable
costs increased to €30

11. Evaluate the benefits of a
Breakeven chart

12. The GAA has suggested that in order
to plan for the future a realistic SWOT
analysis needs to be carried out