Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

es Calculate the number of tickets Sunset must sell each month to (a) break even and (b) make a target operating income of $9,500 per

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
es Calculate the number of tickets Sunset must sell each month to (a) break even and (b) make a target operating income of $9,500 per month in each of the following independent cases. 1. Sunset's variable costs are $34 per ticket, and Chapelton Cruises pays Sunset 8% commission on the ticket price. 2. Sunset's variable costs are $25 per ticket Chapelton Cruises pays Sunset 8% commission on the ticket price. 3. Sunset's variable costs are $25 per ticket. It receives a $49 commission per ticket from Chapelton Cruises Comment on the results. 4. Sunset's variable costs are $25 per ticket. It receives a $49 commission per ticket from Chapelton Cruises. It charges customers a delivery fee of $8 per ticket. The cost for Sunset to deliver the ticket is $2 per ticket Comment on the results nun get ays ber Tget mmid Mon charges Begin by selecting the formula to calculate the breakeven points Breakeven number of units Next, select the formula to calculate the number of tickets needed to meet the target operating income Quantity of units required to be sold + Now complete the requirement for each of the cases. Begin with Case 1 Case 1: Sunto's variable costs are $34 per ticket, and Chapelton Cruises pays Sunset 8% commission on the ticket price (Round your answers up to the nearest whole number) Sunset must saltickets to break even and tickets to meet the target operating income Case 2: Sunset's variable costs are $25 per ticket Chapelton Cruises pays Sunset 8% commission on the ticket price (Round your answers up to the nearest whole number) Sunset must sel tickets to break even and tickets to meet the target operating come Case 3: Sunset's variable costs are $25 per ticket It receives a 549 commission por icket from Chapelton Cruises Comment on the results. (Round your answers up to the nearest whole number) Sunset must selckets to break even and tickets to meet the target operating income When comparing Case 3 to Case 2, the commission sizably the breakeven point and the number of tickets required to yeld a target operating income of $9,500 Choose from any drop-down list and then continue to the next question Now complete the requirement for each of the cases begins wil Cale1 Case 1: Surses are col 554 per and Chaises pays come price on your web Sunset must chest break even and tickets to meet the target pecting income Case Sus variable costs $25 geriat Chapohon Second Round your new to the web Sunset must break even and see the target penting.com Case 3: Suusable cos w $25 per it receives a $45 articles Chapean Cruise Commons Rund you to the rest whole number to break even and cuts to most the tweeting come When comparing Caseto Case 2.th Commission straty the braven point and the number of Sched to largeting income of 53.500 Case Sunset valable col 525 perces a 19 commissioner om Catones de comentary of per The Sunt to do is purchet Colon the rests and your Sunt must to break even and sches to meet the targeting come When comparing Cases Case the day both the breven point and the number state com 500 Choose to any drop-down and the core others Sunset Tours is a travel agency specializing houses ben Mind a books passengers on Chaeton Cres Secos 122.500 per month Chupeton charges pages 1.1 Resuired Begin by selecting the formula to calculate the breakeven points Breakeven number of units Food costs Contribution margin perunt Next, select the formula to calculate the number of tickets needed to meet the target operating income Quantity of units required to be sold Fixed costs Target operating income Contribution margin per unit Now complete the requirement for each of the cases. Begin with Case 1 Case 1: Sunser's variable costs are $34 per ticket and Chapelton Cruises pays Sunset 8% commission on the ticket price (Round your answers up to the nearest whole number) Sunset must sell 417 tickets to break even and sickets to meet the target operating income Case 2: Sunset's variable costs are $25 per ticket Chapelton Cruises pays Sunset 8% commission on the ticket price (Round your answers up to the nearest whole number Sunset must sel tickets to break even and tickets to meet the target creating income Case 3: Sunset's variable costs are $25 per ticket It receives a S19 commission per ticket from Chapeton Cruises Comment on the results Round your answers up to the nearest whole number) Sunset must setlickets to break even and tickets to meet the target operating come When comparing Case 3 to Case 2, the commission stably the breakeven point and the number of tickets required to yield a target operating income of $9.500 Choose from any drop-down list and then continue to the next question wsis are $22,500 per month. Chapelton charges ts. Required Contribution - X ed to meet th Target op Case 1. a Cruises Calculate the number of tickets Sunset must sell each month to (a) break even and (b) make a target operating income of $9,500 per month in each of the following independent cases 1. Sunset's variable costs are $34 per ticket, and Chapelton Cruises pays Sunset 8% commission on the ticket price. 2. Sunset's variable costs are $25 per ticket Chapelton Cruises pays Sunset 8% commission on the ticket price. 3. Sunset's variable costs are $25 per ticket. It receives a $49 commission per ticket from Chapelton Cruises. Comment on the results 4. Sunset's variable costs are $25 per ticket. It receives a $49 commission per ticket from Chapelton Cruises. It charges customers a delivery fee of $8 per ticket. The cost for Sunset to deliver the ticket is $2 per ticket Comment on the results. et the targ number) ses pays ber.) he target commis The nearest whole nun e target Print Done zably the breakeven point and the number of tickets required to yield a target operating income of $9,500 estion

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting For MBAs

Authors: Easton, Wild, Halsey, McAnally

7th Edition

1618532316, 978-1618532312

More Books

Students also viewed these Accounting questions

Question

Describe some common hazards in the contemporary workplace

Answered: 1 week ago