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Funday Park competes with Cool World by providing a variety of rides. Funday Park sells tickets at $70 per person as a one-day entrance fee.

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Funday Park competes with Cool World by providing a variety of rides. Funday Park sells tickets at $70 per person as a one-day entrance fee. Variable costs are $42 per person, and fixed costs are $170,800 per month. Under these conditions the breakeven point in tickets is 6,100 and in sales dollars is $427,000. Suppose Funday Park increases fixed costs from $170,800 per month to $231,000 per month. Compute the new breakeven point in tickets and in sales dollars. Begin by selecting the formula labels and then entering the amounts to compute the number of tickets Funday must sell to break even if its fixed costs are increased to $231,000. (Abbreviation used: CM-contribution margin. Complete all answer boxes. For items with a zero value, enter *) Fixed costs + Target profit ) , CM per unit-= )1 ( Required sales in units Next, select the formula and then enter the amounts to calculate the sales in dollars Funday needs to break even if its fixed costs are increased to $231,000. (Abbreviation used: CM-contribution margin. Enter the contribution margin ratio to the nearest percent X%. Complete all answer boxes. For items with a zero value, enter (I Fred costs l +1 Target profit )/ CM ratio-= Required sales in dollars

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