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Jolly Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Burlington Air. Jolly's fixed costs are $25,500 per month. Burlington Air

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Jolly Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Burlington Air. Jolly's fixed costs are $25,500 per month. Burlington Air charges passengers $1,400 per round-trip ticket. Read the requirement. Quantity of units required to be sold =( + CD Now complete the requirement for each of the cases. Begin with case 1. Case 1: Jolly's variable costs are $40 per ticket. Burlington Air pays Jolly 10% commission on ticket price. Jolly must sell tickets to break even and tickets to meet the target operating income. Case 2: Jolly's variable costs are $38 per ticket. Burlington Air pays Jolly 10% commission on ticket price. Jolly must sell tickets to break even and tickets to meet the target operating income. Case 3: Jolly's variable costs are $38 per ticket. Burlington Air pays $55 fixed commission per ticket to Jolly. Comment on the results. Jolly must sell tickets to break even and tickets to meet the target operating income. When comparing Case 3 to Case 2, the commission sizably V the breakeven point and the number of tickets required to yield a target operating income of $17,000. Case 4: Jolly's variable costs are $38 per ticket. It receives $55 commission per ticket from Burlington Air. It charges its customers a delivery fee of $8 per ticket. Comment on the results. Jolly must sell tickets to break even and tickets to meet the target operating income. Choose from any list or enter any number in the input fields and then continue to the next question. Requirement Calculate the number of tickets Jolly must sell each month to (a) break even and (b) make a target operating income of $17,000 per month in each of the following independent cases. (Round up to the nearest whole number. For example, 10.2 should be rounded up to 11.) 1. Jolly's variable costs are $40 per ticket. Burlington Air pays Jolly 10% commission on ticket price. 2. Jolly's variable costs are $38 per ticket. Burlington Air pays Jolly 10% commission on ticket price. 3. Jolly's variable costs are $38 per ticket. Burlington Air pays $55 fixed commission per ticket to Jolly. Comment on the results. 4. Jolly's variable costs are $38 per ticket. It receives $55 commission per ticket from Burlington Air. It charges its customers a delivery fee of $8 per ticket. Comment on the results. Print Done

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