Question
Excel Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States includingCharleston, Baltimore, and Alexandria. Dinner cruise tickets
Excel Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States includingCharleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $ 80 per passenger. Cruiseline's variable cost of providing the dinner is $ 40 perpassenger, and the fixed cost of operating the vessels(depreciation, salaries, dockingfees, and otherexpenses) is $ 240,000 per month. Thecompany's relevant range extends to 20,000
monthly passengers. Compute the number of dinner cruise tickets Cruiseline must sell to breakeven and the sales dollars needed to breakeven.
Compute the number of dinner cruise tickets Cruiseline must sell to breakeven. Use the shortcut unit contribution margin approach.
First, identify theformula, then compute the breakeven sales in units.(Complete all answer boxes. For amounts with a$0 balance, make sure to enter"0" in the appropriatecell.)
(_______ +_______)/ _______=
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