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Live It Cruiseline offers nightly dinner cruises departing from several cities on the East Coast of the United States including Charleston, Baltimore, and Alexandria. Dinner
Live It Cruiseline offers nightly dinner cruises departing from several cities on the East Coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $ per passenger. Live It
Cruiseline's variable cost of providing the dinner is $ per passenger, and the fixed cost of operating the vessels depreciation salaries, docking fees, and other expenses is $ per month. The company's relevant range
extends to monthly passengers. The breakeven units are tickets sold. If Live It Cruiseline sells dinner cruises, compute the margin of safety
a in units dinner cruise tickets
b in sales dollars.
c as a percentage of sales.
a If Live It Cruiseline sells dinner cruises, compute the margin of safety in units dinner cruise tickets
Begin by determining the formula, then compute the margin of safety in units dinner cruise tickets
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