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Anu's Amusement Center has collected the following data for operations for the year. Total revenues Total fixed costs Total variable costs Total tickets sold $
Anu's Amusement Center has collected the following data for operations for the year. Total revenues Total fixed costs Total variable costs Total tickets sold $ 2,040,000 $ 686,000 $ 1,088,000 68,000 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 $301,000 in operating profits, she will close it down. What number of tickets must be sold for Anu's Amusements to make a $301,000 operating profit for the year on ticket sales? (Do not round intermediate calculations.) a. b. Average selling price Average variable cost C. Average contribution margin d. Break-even point e. Number of tickets per ticket per ticket per ticket tickets
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