Managerial Accounting Please do all requirements Chapter 20

SoakNFun Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages and unlimited use of the swimming pools. SoakNFun has the following ticket prices and variable costs for 2018: (Click the icon to view the data.) For 2019, SoakNFun expects a sales mix of one individual ticket for every four family tickets. SoakNFun's total fixed costs are $67,500. 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 i Requirements 1. Compute the weighted-average contribution margin per ticket. 2. Calculate the total number of tickets SoakNFun 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. Contribution margin Weighted average contribution margin per unit Print Done i Data Table Family Sale price per ticket Variable cost per ticket Individual 20 $ 10 40 Choose from any list or enter any number in the input fields and then click Check Answer. Done parts Print 3 remaining Clear All neck