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Il Garin Entertainment offers theater packages at $57 per unit. The package includes snacks, beverages and a ticket. The costs incurred by the program are

Il Garin Entertainment offers theater packages at $57 per unit. The package includes snacks, beverages and a ticket. The costs incurred by the program are as follows:

Variable Costs$16per packageFixed Expenses$23,460

Do not enter dollar signs or commas in the input boxes.

a) Calculate the contribution margin per package.

Round your answer to 2 decimal places

Contribution margin per package: $Answer

b) Determine the break-even point in units (packages)

Round your answer up to the nearest whole number.

Break-even point:Answer

c) If the theater can accommodate only 460 individuals, how much should Il Garin Entertainment charge per package to break-even? Assume that variable and fixed costs remain the same.

Round your answer to 2 decimal places

Selling Price: $Answer

d) Using the information from part (c), how much should Il Garin charge per package if they want to have an operating income of $920?

Round your answer to 2 decimal places

Selling Price: $Answer

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