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Hi, can you please answer the following questions from this link? https://www.coursehero.com/tutors-problems/Managerial-Accounting/23175881-Required-Prepare-memo-outlining-your-analysis-conclusions-and-recom/ a) For the coming summer season, only use data in Table 1. Calculate

Hi, can you please answer the following questions from this link? https://www.coursehero.com/tutors-problems/Managerial-Accounting/23175881-Required-Prepare-memo-outlining-your-analysis-conclusions-and-recom/

a) For the coming summer season, only use data in Table 1. Calculate the breakeven point for ticket sales and the expected profit using average revenue per ticket and average cost per ticket. What is the safety margin? Do the analysis at the overall (total) ticket-levels

b) Now consider the data in Table 2; compute the breakeven point for ticket sales and the expected profit using average revenue per ticket and average cost per ticket. What is the safety margin? [Hint: Calculate "Expected" Total Tickets Sales, given the probability distribution. Note, data in Table2 is at Total (Overall) ticket-levels]

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