Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

has 8 parts Sou Live Cine dedes to her two types of the executive des commentary and a fue continuaron por do that expenses renan

has 8 parts
image text in transcribed
image text in transcribed
Sou Live Cine dedes to her two types of the executive des commentary and a fue continuaron por do that expenses renan 50,000 per more and at the following choice and we were Click the contrand) Asunt conforme were compris lower amples and by dong berganding by Wowower corn Www Live streame on whether Assuming the Chinespects to sources for everyone cu recompute the weighi- vortion margin perut. Die Nome complete containe LE Weighted average convo margin perunt Suppose Live It Cruisine decides to offer two types of dinner cruises regular cruises and executive cruises. The executive cruise includes complimentary cocktails and a five-course dinner on the upper deck. Assume that fixed expenses remain at $360,000 per month and that the following ticket prices and variable expenses apply Click the icon to view the ticket prices and expenses.) Assuming that Live It Cruiseline expects to sell four regular cruises for every executive cruise, compute the weighted average contribution margin per unit. Is it higher or lower than a simple average contribution margin? (A simple average is calculated by adding both contribution margins per passenger together and dividing by two.) Why? Is it higher or lower than the regular cruise contribution margin of $40? Why? Will this new sales mix cause Live It Cruiseline's breakeven point to increase or decrease GO Assuming that Live It Cruiseline expects to sell tour regular cruises for every one executive cruise, compute the weighted average contribution margin perunt Determine the formula, then complete the table one section at a time LOS Weighted average contribution margin per unit Sou Live Cine dedes to her two types of the executive des commentary and a fue continuaron por do that expenses renan 50,000 per more and at the following choice and we were Click the contrand) Asunt conforme were compris lower amples and by dong berganding by Wowower corn Www Live streame on whether Assuming the Chinespects to sources for everyone cu recompute the weighi- vortion margin perut. Die Nome complete containe LE Weighted average convo margin perunt Suppose Live It Cruisine decides to offer two types of dinner cruises regular cruises and executive cruises. The executive cruise includes complimentary cocktails and a five-course dinner on the upper deck. Assume that fixed expenses remain at $360,000 per month and that the following ticket prices and variable expenses apply Click the icon to view the ticket prices and expenses.) Assuming that Live It Cruiseline expects to sell four regular cruises for every executive cruise, compute the weighted average contribution margin per unit. Is it higher or lower than a simple average contribution margin? (A simple average is calculated by adding both contribution margins per passenger together and dividing by two.) Why? Is it higher or lower than the regular cruise contribution margin of $40? Why? Will this new sales mix cause Live It Cruiseline's breakeven point to increase or decrease GO Assuming that Live It Cruiseline expects to sell tour regular cruises for every one executive cruise, compute the weighted average contribution margin perunt Determine the formula, then complete the table one section at a time LOS Weighted average contribution margin per unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Dyslexia A Practitioners Handbook

Authors: Gavin Reid

5th Edition

1118980107, 9781118980101

More Books

Students also viewed these Accounting questions

Question

Can partners be paid salaries}

Answered: 1 week ago

Question

What is one of the skills required for independent learning?Explain

Answered: 1 week ago

Question

Describe various competitive compensation policies.

Answered: 1 week ago