Answer :
Sure, let me guide you through the step-by-step solution for calculating the estimated cost of a single screening MPLC Public Performance license for both types of Movie Nights: Drive-In Movie Night and Walk-In Movie Night.
### Drive-In Movie Night
1. Number of cars: 50 cars
2. Price per car: 100 currency units
#### Step-by-Step Calculation:
1. Calculate the total cost before VAT:
- Number of cars × Price per car = 50 × 100 = 5000 currency units
2. Calculate the VAT (15%):
- VAT = 5000 × 0.15 = 750 currency units
3. Calculate the total cost after adding VAT:
- Total Cost = Cost before VAT + VAT = 5000 + 750 = 5750 currency units
Thus, the estimated cost of a Public Performance license for a Drive-In Movie Night is 5750 currency units.
### Walk-In Movie Night
1. Number of people: 200 people
2. Ticket price per person: 50 currency units
3. Fixed license cost: 500 currency units
#### Step-by-Step Calculation:
1. Calculate the total cost before VAT:
- Number of people × Ticket price per person = 200 × 50 = 10000 currency units
2. Calculate the VAT on the license cost (15%):
- VAT = 500 × 0.15 = 75 currency units
3. Calculate the total cost after adding VAT & license cost:
- Total Cost = Cost before VAT + VAT + License Cost = 10000 + 75 + 500 = 10575 currency units
Thus, the estimated cost of a Public Performance license for a Walk-In Movie Night is 10575 currency units.
### Cost Calculation Table:
Here is the cost calculation table for both types of Movie Nights:
[tex]\[ \begin{array}{|l|l|l|} \hline \text{Estimated Cost of a Public Performance License} & \text{Drive-In Movie Night} & \text{Walk-In Movie Night} \\ \hline \text{Calculation} & \text{Calculation} \\ \hline \text{Number of cars} \times \text{Price per car} & 50 \times 100 = 5000 & \text{Number of people} \times \text{Ticket price per person} \\ & & 200 \times 50 = 10000 \\ \hline & +15\% \text{ VAT} 750 & \text{Cost of License} = R \\ \hline \text{Cost of License} = R & 5750 & \text{VAT} 75 \\ & & \\ \hline & & \text{Total Cost} 10575 \\ \hline \end{array} \][/tex]
This table should clearly outline the costs involved in organizing either a Drive-In or Walk-In Movie Night along with the respective Public Performance License costs.
### Drive-In Movie Night
1. Number of cars: 50 cars
2. Price per car: 100 currency units
#### Step-by-Step Calculation:
1. Calculate the total cost before VAT:
- Number of cars × Price per car = 50 × 100 = 5000 currency units
2. Calculate the VAT (15%):
- VAT = 5000 × 0.15 = 750 currency units
3. Calculate the total cost after adding VAT:
- Total Cost = Cost before VAT + VAT = 5000 + 750 = 5750 currency units
Thus, the estimated cost of a Public Performance license for a Drive-In Movie Night is 5750 currency units.
### Walk-In Movie Night
1. Number of people: 200 people
2. Ticket price per person: 50 currency units
3. Fixed license cost: 500 currency units
#### Step-by-Step Calculation:
1. Calculate the total cost before VAT:
- Number of people × Ticket price per person = 200 × 50 = 10000 currency units
2. Calculate the VAT on the license cost (15%):
- VAT = 500 × 0.15 = 75 currency units
3. Calculate the total cost after adding VAT & license cost:
- Total Cost = Cost before VAT + VAT + License Cost = 10000 + 75 + 500 = 10575 currency units
Thus, the estimated cost of a Public Performance license for a Walk-In Movie Night is 10575 currency units.
### Cost Calculation Table:
Here is the cost calculation table for both types of Movie Nights:
[tex]\[ \begin{array}{|l|l|l|} \hline \text{Estimated Cost of a Public Performance License} & \text{Drive-In Movie Night} & \text{Walk-In Movie Night} \\ \hline \text{Calculation} & \text{Calculation} \\ \hline \text{Number of cars} \times \text{Price per car} & 50 \times 100 = 5000 & \text{Number of people} \times \text{Ticket price per person} \\ & & 200 \times 50 = 10000 \\ \hline & +15\% \text{ VAT} 750 & \text{Cost of License} = R \\ \hline \text{Cost of License} = R & 5750 & \text{VAT} 75 \\ & & \\ \hline & & \text{Total Cost} 10575 \\ \hline \end{array} \][/tex]
This table should clearly outline the costs involved in organizing either a Drive-In or Walk-In Movie Night along with the respective Public Performance License costs.