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Correct? 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
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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 $ 2,846, eee $ 787,200 $ 990, eee 66,000 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 $308,800 in operating profits, she will close It down. What number of tickets must be sold for Anu's Amusements to make a $308,800 operating profit for the year on ticket sales? (Do not round Intermediate calculations.) a. $ b. $ c. Average selling price Average variable cost Average contribution margin Break-even point Number of tickets $ 31 per ticket 15 per ticket 16 per ticket 49,200 tickets 68.500 d. eStep by Step Solution
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