Funtime Park competes with Slide World by providing a variety of rides. Funtime sells tickets at $100 per person as a one-day entrance fee. Variable costs are $20 per person, and fixed costs are $480,000 per month. Under these conditions, the breakeven point in tickets is 6,000 and the breakeven point in sales dollars is $600,000. Read the requirements. Requirement 1. Suppose Funtime Park cuts its ticket price from $100 to $80 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 Funtime must sell to break even under this scenario. (Abbreviation used: CM = contribution margin. Complete all input fields. For items with a zero value, enter "O".) ( Fixed costs + Target profit )= CM per unit Required sales in units + = II Requirements 1. Suppose Funtime Park cuts its ticket price from $100 to $80 to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars. 2. Ignore the information in Requirement 1. Instead, assume that Funtime Park increases the variable cost from $20 to $40 per ticket. Compute the new breakeven point in tickets and in sales dollars