Funday Park competes with Slide World by providing a variety of rides. Funday sells tickets at $110 per person as a one-day entrance fee. Variable costs are $44 per person, and fixed costs are $412.500 per month. Under these conditions, the breakeven point in tickets is 6.250 and the breakeven point in sales dollars is $687.500 Read the requirements Requirement 1. Suppose Funday Park cuts its ticket price from $110 to $88 to increase the number of tickets sold. 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 under this scenario. (Abbreviation used: CM = contribution margin. Complete all answer boxes. For items with a zero value, enter "O".) (Fixed costs Target profit )/ CM per unit = Required sales in units 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 percent, X%. Complete answer boxes. For items with a zero value, enter "0".) = Required sales in dollars Requirement 2. Ignore the information in Requirement 1. Instead, assume that Funday Park increases the variable cost from $44 to $55 per ticket. Compute the new breakeven point in tickets and in sales dollars. The new breakeven point in tickets is The new breakeven point in sales dollars is $