Question
Anus Amusement Center has collected the following data for operations for the year. Total revenues $ 1,984,000 Total fixed costs $ 733,500 Total variable costs
Anus Amusement Center has collected the following data for operations for the year. Total revenues $ 1,984,000 Total fixed costs $ 733,500 Total variable costs $ 1,054,000 Total tickets sold 62,000 Required: a. What is the average selling price for a ticket? b. What is the average variable cost per ticket? c. What is the average contribution margin per ticket? (Do not round intermediate calculations.) d. What is the break-even point? (Do not round intermediate calculations.) e. Anu has decided that unless the operation can earn at least $234,000 in operating profits, she will close it down. What number of tickets must be sold for Anus Amusements to make a $234,000 operating profit for the year on ticket sales? (Do not round intermediate calculations.)
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