FunTime Cruiseline offers nightly dinner cruises departing from several cities on the East Coast of the 1. Suppose FunTime Cruiseline cuts its dinner cruise ticket price from $50 to $45 to increase United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $50 per the number of passengers. Compute the new breakeven point in units and in sales dollars. passenger. FunTime Cruiseline's variable cost of providing the dinner is $30 per passenger, and the Explain how changes in sales price generally affect the breakeven point. fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is 2. Assume that FunTime Cruiseline does not cut the price. FunTime Cruiseline could reduce $210,000 per month. Under these conditions, the breakeven point in tickets is 10,500 and the breakeven its variable costs by no longer serving an appetizer before dinner. Suppose this operating point in sales dollars is $525,000. change reduces the variable expense from $30 to $20 per passenger. Compute the new breakeven point in units and in dollars. Explain how changes in variable costs generally affect the breakeven point. 1. Suppose FunTime Cruiseline cuts its dinner cruise ticket price from $50 to $45 to increase the number of passengers. Compute the new breakeven point in units and in sales dollars. Explain how changes in sales price generally affect the breakeven point. Begin with the breakeven point in units. Enter the formula, then compute the breakeven point. (Round your final answers up to the nearest whole number. For amounts with a $0 balance, make sure to enter "0" in the appropriate input field.) Fixed expenses Operating income Contribution margin per unit = Breakeven units $ 210,000 $ 15 14,000 Now compute the breakeven point in sales dollars. Enter the formula, then compute the breakeven sales. (Enter the contribution margin ratio as a percent rounded to five decimal places, X.XXXXX%. For amounts with a $0 balance, make sure to enter "0" in the appropriate input field.) = Breakeven sales %FunTime CrUIseline otters nightly dinner cruises departing from several cities on the East Coast of the 1_ Suppose FunTime Cruiseline cuts its dinner cruise ticket price from $50 to $45 to increase United States including Charleston, Baltimore, and Alexandria, Dinner cruise tickets sell for $50 per the number at passengers. CgmpUte the new breakeven point in units and in sales dollars passenger FunTime Cruiseline's variable cost of providing the dinner is $30 per passenger, and the Explain how changes in sales price generally affect the breakeven point, xed 505\" of operating the vessels (depreciation, salaries, '30:ka fees, and other expenses) '5 2. Assume that FunTime Cruiseline does not cut the price. FunTime Cruiseline could reduce $210,000 per month, Under these conditions, the breakeven point in tickets is 10,500 and the breakeven ,. \"5 variable costs by no longer sewing an appetizer before dinner Suppose this operating point in sales dollars is $525,000 1 5 eat Be the Contribution margin per unit Contribution margin ratio Fixed expenses Operating income Units sold Variable expenses H change reduces the variable expense from $30 to $20 per passenger Compute the new " breakeven point in units and in dollars Explain how changes in variable costs generally affect the breakeven point, rcruise ticket price from $50 to $45 to increase the number of passengers. Compute the new breakeven point in units and in sales dollars. Explain how changes in nt, the formula, then compute the breakeven point. (Round your final answers up to the nearest whole number For amounts With a $0 balance make sure to enter "0" in Operating income ) , Contribution margin perunit : BreaKeven units V 0 j + $ 15 = 14,000 illars, Enter the formula, then compute the hreakeven sales (Enter the contribution margin ratio as a percent rounded to five decimal places X XXXX \"/0 For amounts to appropriate input field.) J = Breakevensales