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

Funday Park competes with Cool World by providing a variety of rides. Funday Park sels Sckets 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 Sckets is 6,100 and the breakeven point in sales dollars is $427,000 Read the requirements Requirement 1. Suppose Funday Park cuts ts ticket price from $70 to $56 to increase the number of tickets sold. Compute the new breakeven point in Sckets and in sales dollars Begin by selecting the formula labels and then entering the amounts to compute the number of sickets Funday must sell to break even under this scenario (Abbreviation used CM contribution margin Complete all input fields. For dem with a zero value, enter") Required sales in un Next, select the formula and then enter the amounts to calculate the sales in dollars Funday needs to break even under this scenario, (Abbreviation used CM contribution margin Enter the contribution margin ratio to the nearest Compete all impun fields. For hems with a zero value, enter " Required sales in dolar Requirement 3. Ignore the information in Requirement 1. Instead, assume that Funday Park increases the variable c $42 $50 per kel Compute the new breakeven point in tickets The new breaven poetin boats is The Ten pom in ses dimage text in transcribed

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