Imagination Park competes with Fun World by providing a variety of rides. Imagination sells tickets at $100 per person as a one-day entrance fee. Variable costs are $60 per person, and fixed costs are $254,000 per month. Under these conditions, the breakeven point in tickets is 6,350 and the breakeven point in sales dollars is $635,000. Read the requirements. Requirement 1. Suppose Imagination Park cuts its ticket price from $100 to $80 to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars. Begin by selecting the formula labels and then entering the amounts to compute the number of tickets Imagination must sell to break even under this scenario. (Abbreviation used: CM = contribution margin. Complete all input fields. For items with a zero value, enter "0".) Requirements Required sales in units - X 1. Suppose Imagination Park cuts its ticket price from $100 to $80 to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars. 2. Ignore the information in Requirement 1. Instead, assume that Imagination Park increases the variable cost from $60 to $75 per ticket. Compute the new breakeven point in tickets and in sales dollars. CM per unit CM ratio Fixed costs Variable costs + = Required sales in units