Question
Live It Cruiseline offers nightly dinner cruises off the coast of Miami, San Francisco, and Seattle. Dinner cruist tickets sell for $60 per passenger. Live
Live It Cruiseline offers nightly dinner cruises off the coast of Miami, San Francisco, and Seattle. Dinner cruist tickets sell for $60 per passenger. Live It Cruiseline's variable cost of providing the dinner is $30 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $270,000 per month. The company's relevant range extends to 16,000 mothly passengers. The breakeven units are 9,000 tickets sold. If Live It Cruiseline sells 10,000 dinner cruises, compute the margin of safety. For Part A: in units
For Part B: in sales dollars
For Part C: as a percentafe of sales
Parts A, B, and C: Word Options for Fill-in-the-Blank Formulas in Parts A-C: Please label which part of the question you are answering so that I may follow along, and please refrain from partially completing the question. Thank you!
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