2 High Flying takes tourists on helicopter tours of Hawaii. Each tourist buys a $180 ticket; the variable costs average $45 per person. High Flying has annual fixed costs of $810,000. Required: Skipped A. Compute the average number of tours the company must conduct per month to break even. B. Compute the average sales revenue needed per month to produce a target average profit of $94,500. C. Calculate the contribution margin ratio. (Round your answer to 2 decimal places.) D. Determine whether the actions that follow will increase, decrease, or not affect the company's break-even point. A. Break-even tours B. Tours to earn $94,500 C Contribution margin D-1 A decrease in tour prices. D-2 The termination of a salaried clerk (no replacement is planned). D-3. A decrease in the number of tours sold. Cycle Sporting Goods sells bicycles throughout the northeastern United States. The following data were taken from the most recent quarterly sales forecast: 5 July August September Skipped End-of Month Target Inventory 390 units 480 units 450 units Expected Sales 1,980 units 2,130 units 2,060 units On the basis of the information presented, how many bicycles should the company purchase in August? Multiple Choice 2030 O 2.130. O 2.220 U O 2.610 O None of the answers is correct. The following data relate to product no. 33 of Volusia Corporation: 00 Direct labor standard: 5 hours at $12 per hour Direct labor used in production: 36,000 hours at a cost of $439,200 Manufacturing activity: 7,000 units completed Skipped The direct-labor rate variance is: Multiple Choice $7,000F. $7,000u. $7,200F. $7,200U. None of the answers is correct