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Golden Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Ontario Air. Golden's fixed costs are $ 2 5 , 5
Golden Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Ontario Air. Golden's fixed costs are $ per month. Ontario Air charges passengers $ per roundtrip ticket.
Requirement
Calculate the number of tickets Golden must sell each month to a break even and b make a target operating income of $ per month in each of the following independent cases. Round up to the nearest whole number.
For example, should be rounded up to
Golden's variable costs are $ per ticket. Ontario Air pays Golden commission on ticket price.
Golden's variable costs are $ per ticket. Ontario Air pays Golden commission on ticket price.
Golden's variable costs are $ per ticket. Ontario Air pays $ fixed commission per ticket to Golden. Comment on the results.
Golden's variable costs are $ per ticket. It receives $ commission per ticket from Ontario Air. It charges its customers a delivery fee of $ per ticket. Comment on the results.
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