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El Jardin Entertainment offers theater packages at $ 3 6 per unit. The package includes snacks, beverages and a ticket. The costs incurred by the
El Jardin Entertainment offers theater packages at $ per unit. The package includes snacks, beverages and a ticket. The costs incurred by the
program are as follows:
Do not enter dollar signs or commas in the input boxes.
a Calculate the contribution margin per package.
Round your answer to decimal places
Contribution margin per package: $
b Determine the breakeven point in units packages
Round your answer up to the nearest whole number.
Breakeven point:
c If the theater can accommodate only individuals, how much should El Jardin Entertainment charge per package to breakeven? Assume
that variable and fixed costs remain the same.
Round your answer to decimal places
Selling Price: $
d Using the information from part c how much should El Jardin charge per package if they want to have an operating income of $
Round your answer to decimal places
Selling Price: $
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