4. Imagination time Park competes with Splash World by providing a variety of rides Imaginationes ickets at $110 per personas a one day entrance fee Valable costs are 144 per person, and feed costs are $412.500 per month Compute the contribution margin per unit and the number of lets imagination Park must sell to break even Perform a numerical proof to show that your a wer is corred Begin by selecting the formula labels and then entering the amounts to compute the contribution margin per unit - Contribution margin perunt answer boxes Forms Begin by selecting the formula labels and then entering the amounts to compute the number of tits Imagination time must sell to break even (Abbrevision used CM - contribution maryn Complete with a zero value enter ") C O (4) LO Regelred sales in units + ) Perform a numerical proof that the number of tickets to breakeven you computed in the preceding step is correct Begin by selecting the formula and then entering the amounts to compute the large profit to breakeven. (Complete all answer boxes Forms with a zero valo r 5 Story Park competes with Fun World by providing a variety of rides Story S ets at $100 per personas a one day entrance fee Variable costs are per person and feed costs are $100.000 per month Compulsory Parts contribution margin ratio. Carry your computation to two decimal places. Use the contribution margina pproach to determine the sales revenue Story Partneds to break even Begin by selecting the formula labels and then enter the amounts to compute the co o n margin ratio (Enter your answer to the - Contribution marginal percent ) Begin by selecting the formula and then entering the amounts to calculate the sales in dollars Story needs to break even (Abbreviation used CM Combution margin complete erboes Forms with a zero value enter (4) 5 Required sales in dolars 6 Playpal Park competes with Fun World by providing a variety of rides Playpals sellschs at $100 per personas a one-day entrance fee Varatecoare 50 per person and Bedste condition, the breakeven point in tickets 6,000 and the breakeven point in sales dollars 100,000 Read the requirements 100.000 per month Under the Requirement 1. Suppose Playpals Park cuts its ticket price from $100 to 500 to increase the number of tits sold Compute the new break even point i ts and in Begin by selecting the forma labels and then entering the amounts to compute the number of des Playpals must sell to break even under this scenario (Abbreviation boxes. For items with a zero value, enter ) 2) 3 - Required sales in units d oor CM contribution margin Complete answer ) Neat solect the formula and then enter the amounts to calculate the sales in dollars Playpals needs to break even under this scenario (Abbreviation used CM - combulon margin Enter the contribution margin ratio to the nearest percent. X Complete all answer boxes For Items with a zero value, enter ) (4) + (5) ) (6) = Required sales in dollars Requirement 2. Ignore the information in Requirement 1. Instead, assume that Playpals Park Increases the variable cost from $20 to $40 per ticket Compute the new break even point in dies and in sales dollars. The new breakeven point in tickets is The new breakeven point in sales dollars is 5 1. Requirements 1. Suppose Playpals Park cuts its ticket price from $100 to $80 to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars 2. Ignore the information in Requirement 1. Instead, assume that Playpals Park Increases the variable cost from $20 to $40 per ticket Compute the new breakeven point in tickets and in sales dollars
