Jolly Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Georgetown Air. Jolly's fixed costs are exist36,000 per month Georgetown Air charges passengers exist1, 300 per round-trip ticket. Read the requirement. Begin by selecting the formula to calculate the breakeven points. Next, select the formula to calculate the number of tickets needed to meet the target operating income Now complete the requirement for each of the cases Begin with case 1 Jolly's variable costs are exist34 per ticket Georgetown Air pays Jolly 10% commission on ticket price. Jolly must sell 34 tickets to break even and tickets to meet the target operating income. Calculate the number of tickets Jolly must sell each month to (a) break even and (b) make a target operating income of exist18,000 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.) Jolly's variable costs are exist34 per ticket. Georgetown Air pays Jolly 10% commission on ticket price Jolly's variable costs are exist30 per ticket Georgetown Air pays Jolly 10% commission on ticket price. Jolly's variable costs are exist30 per ticket. Georgetown Air pays exist46 fixed commission per ticket to Jolly. Comment on the results Jolly's variable costs are exist30 per ticket. It receives exist46 commission per ticket from Georgetown Air. It charges its customers a delivery fee of exist8 per ticket Comment on the results