Classy Cruiseline offers nightly dinner Cruises departing from several cities on the eastem coast of the United States including Charleston, Baltimore, and Alexandria Dinner Cruise tokes se for $50 per passenger Classy Cruiseline's variable cost of providing the dinner is 520 per passenger, and the fixed cost of operating the Wessels (depreciation, salaries, docking fees, and other expenses) is $210,000 per month Under these conditions, the breakeven point in tickets is 7.000 and the breakeven point in sales dollars is $350.000 1. Suppose Classy Cruiseline cuts its dinner Cruise ticket price from $50 to $40 to increase the number of passengers Compute the new breakeven point in units and in sales dollars. Explain how changes in sales price generally affect the breakeven point 2. Assume that Classy Cruisine does not cut the price. Classy Cruiseline could reduce its variable costs by no longer serving an appetizer before dinner Suppose this operating change reduces the variable expense from $20 to $10 per passenger Compute the new breakeven point in units and in dollar Explain how changes in variable costs generally affect the breakeven point, 1. Suppose Classy Cristine cuts its dinner Cruise ticket price from $50 to $40 to increase the number of passengers Compute the new breakeven point in units and in les dollars Explain how changes in sales price generally affect the breakeven point. Begin with the breakeven point in units. Enter the formula, then compute the breakeven point (Round your final answers up to the nearest whole number. For amounts with a $0 banon, make sure to enter in the appropriate outfield) Broskeven units Now come the breakeven point in sales dollars. Enter the formula, then compute the breakevensen (Enter the contribution margin ratio as a whole percent. For amounts with a 50 balante, make sure to enter "Oin the approprio input field.) Breakeven sales 4 Alle being constant, a decrease in sales price will the contribution marpin per unit and contribution margin ratio. The breakeven point will therefore 2. Ansune mat Candy Cruisine does not cut the price Classy Cruseline could reduces variable costs by no longer serving an appetizer before dinner Suppose this operating change reduces the variable expense from $20 $0 $10 per passenger Compute the new breakeven point in units and in dollars. Explain how changes in variable corts generally affect the breakeven point Lor's too win the brakeven point units to formula, en compte te breakeven point in unt (Round your final anwenu to the rurarea whole number, For out with a blanca, make sure to intero" in the approprio loput field) Breakeven units Now computer brookeven point in sales dolore Enter the formula, the compute the breakeven point in sales (Enter the contribution margin rato as a whole percent For amount with a balance, make sure to enter in the appropriate input field) Breakevens Alle being equal, a decrease in variable costs will the contribution margin per unit and the contribution margin ratio. The breakeven point will therefore