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Analyze MusicLand Theme Park's cost-volume-profit relationships MusicLand Theme Park has an average daily admission price of $60 per guest. The following financial data are available
Analyze MusicLand Theme Park's cost-volume-profit relationships MusicLand Theme Park has an average daily admission price of $60 per guest. The following financial data are available for analysis: Additional operating data indicate that the park averages 24,000 daily guests during the weekdays and 40,000 average daily guests on Saturdays and Sundays. a. Determine the break-even number of guests per day at the theme park. guests per day b. How much profit does MusicLand earn on an average weekday? $ c. How much profit does MusicLand earn on an average weekend day? $ d. Determine the revised break-even if the daily fixed costs increased to $1,000,000. guests per day e. Would the theme park still remain profitable for an average weekday under the scenario in (d)? The average daily admissions are for the average weekday. Thus, the park still operates break-even and is therefore with the fixed costs. The daily would be $
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