ADM 1 Break-even number of passengers for a cruise Ocean Escape Cruise Lines has a boat with a capacity of 1,200 passengers. An eight-day ocean cruise involves the following costs: Crew Fuel Fixed operating costs $240,000 60,000 800,000 The variable costs per passenger for the eight-day cruise include the following: Meals Variable operating costs $900 400 The price of the cruise is $2,400 per passenger. A. Determine the break-even number of passengers for the eight-day cruise. B. Assume 900 passengers booked the cruise. What would be the profit or loss for the cruise? C. Assume the cruise was booked to capacity. What would be the profit or loss for the cruise? D. -If the cruise cannot book enough passengers to break even, how might the cruise line respond? A. Total fixed costs per cruise: Total fixed costs per cruise Total variable costs per passenger: Total variable costs per passenger Break-Even Sales (units) B. Calculate the amount of profit or loss, if 900 passengers book the cruise. Show your calculation (required): C. Calculate the amount of profit or loss, if the cruise was booked to capacity. Show your calculation (required): D. If the cruise is operating under break-even, name at least three actions the cruise line can take to improve the financial performance of the cruise. Detailed valid responses are required