Question: Compute the contribution margin per unit and the number of tickets Playtime Park must sell to break even. Perform a numerical proof to show that
Compute the contribution margin per unit and the number of tickets Playtime Park must sell to break even. Perform a numerical proof to show that your answer is correct.
Playtime Park competes with Water World by providing a variety of rides. Playtime Park sells tickets at $60 per person as a one-day entrance fee. Variable costs are $24 per person, and fixed costs are $226,800 per month.
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