Mountain Points operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season.

$($i$)($Click the icon to view the information.$)$

Read the requirements.

Revenue at market price $$ Less: Total costs

Operating income $$

$($Round the percentage to the nearest hundredth percent, X$.$XX$\%.)$

Mountain Points's projected operating income $($profit$)$ as a percent of assets amounts to $\%.$

Will investors be happy with this profit level?

$$

Requirement $2.$ Assume Mountain Points has found ways to cut its fixed costs to $$29,000,000.$ What is its new target variable cost per skier$/$snowboarder$?$

Complete the following table to calculate Mountain Points' new target variable cost per customer. $($Round your final answer to the nearest cent.$)$

Revenue at market price

Less: Desired profit $$

Target full cost

Less: Reduced level of fixed costs $$

Target total variable costs

Divided by number of skiers $/$ snowboarders $$

Target variable cost per skier $/$ snowboarder $$