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Luxury Cruiseline offers nightly dinner cruises departing from several cities on the East Coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise

Luxury 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
$50 per passenger. Luxury Cruiseline's variable cost of providing the dinner is $20 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 15,000 monthly passengers.
If Luxury Cruiseline sells an additional 700 tickets, by what amount will its operating income increase (or operating loss decrease)?
First, identify the formula, then compute the operating income increase (or operating loss decrease).
Luxury 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 \(\$ 60\) per passenger. Luxury 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 20,000 monthly passengers. If Luxury Cruiseline has a target operating income of \(\$ 30,000\) per month, how many dinner cruise tickets must the company sell? First, identify the formula, then compute the target sales in units.
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