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Just need some help with this please I will rate! Many thanks and God bless!!! WetNWild expects to sell one individual ticket for every four
Just need some help with this please
I will rate!
Many thanks and God bless!!!
WetNWild expects to sell one individual ticket for every four family tickets. WetNWild's total fixed costs are $113,750. WetNWild Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools WetNWild has the following ticket prices and variable costs for 2018: Click the icon to view the data.) Read the requirements. Requirement 1. Compute the weighted average contribution margin per ticket. Complete the table below to calculate the weighted-average contribution margin. (Round the weighted average contribution margin per unit to the nearest cent.) Individual Family Total - X - X Data Table Requirements Contribution margin Family Weighted average contribution margin per unit Individual $ 20 $ 60 Sale price per ticket Variable cost per ticket 1. Compute the weighted average contribution margin per ticket. 2. Calculate the total number of tickets WetNWild must sell to break even. 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even 5 20 Print Done Print DoneStep by Step Solution
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