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Imaginationtime Park competes with Fun World by providing a variety of rides. Imaginationtime sells tickets at $130 per person as a one-day entrance fee.
Imaginationtime Park competes with Fun World by providing a variety of rides. Imaginationtime sells tickets at $130 per person as a one-day entrance fee. Variable costs are $13 per person, and fixed costs are $760,500 per month. The breakeven number of tickets is 6,500. If Imaginationtime Park expects to sell 6,625 tickets, compute the margin of safety in tickets and in sales dollars. Begin by selecting the formula labels and then entering the amounts to compute the margin of safety in units. Margin of safety in units
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