Golden

Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Bolton Air. Golden's fixed costs are $23,500 per month. Bolton Air charges passengers $1,500 per round-trip ticket.

Read the requirement

Begin by selecting the formula to calculate the breakeven points.

Breakeven

Requirment

Calculate the number of tickets Golden must sell each month to (a) break even and(b) make a target operating income of $15,000 per month in each of the following independent cases. (Round up to the nearest whole number. For example, 10.2 should be rounded up to 11.)

1	Golden's variable costsare $43 perticket.Bolton Airpays Golden 6%commission on ticket price.
2.	Golden's variable costs $40 per ticket. Bolton AirpaysGolden 6%commission on ticket price.
3.	Golden's variable costs are $40 per ticket. Bolton Air pays $60 fixed commission per ticket to Golden.Comment on the results.
4.	Golden's variable costs are $40 per ticket. It receives $60 commission per ticket from Bolton Air. It charges its customers a delivery fee of $5 per ticket. Comment on the results.