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. Breakeven number of units = fixed costs/Contribution margin per unit Next, select the formula to calculate the number of tickets needed to meet the target operating income. Quantity of units required to be sold = (fixed costs + Target operating income)/Contribution margin per unit Now complete the requirement for each of the cases. Begin with case 1. 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