mplete) k that offers family-friendly entertainment and attractions. The park boasts more than 25 acres perating income is 45% of total revenues. Bellamy Park's managers have identified the major Cost-driver information ed. -driver information.) Activity (Click the icon to view the information about existing operations.) 1. Ticket sales and verification Additional information - X 2. Operating attractions Description of Activity Selling and verifying tickets for entry into park Cost Driver Cost per Unit of Cost Driver Number of tickets $3.25 per ticket sold sold Loading, monitoring. Number of runs $86 per run off-loading patrons on attraction 3. Litter patrol Roaming the park and Number of litter $22 per hour cleaning up waste as necessary patrol hours get In response to competitive pressures and to continue to attract 62,000 patrons per week, Bellamy Park has decided to lower ticket prices to $35 per patron. To maintain the same level of profits as before, Bellamy Park is looking to make the following changes to reduce operating costs: a. Reduce the cost of selling and verifying tickets by $0.38 per ticket sold. b. Reduce the total number of runs across all attractions by 1,040 runs by reducing the operating hours of some of the attractions that are not very popular c. Increase the number of refuse containers in the park at an additional cost of $220 per week. This will decrease the litter patrol hours by 28%. The cost per unit of cost driver for all other activities will remain the same. ating prom is Print Done than the target operating prom or s ark reduces ticket prices and makes the changes and improvements described, will Bellamy Park achieve its targ ing profit. Complete the table below. (Round your answers to the nearest whole dollar Use parentheses or a minu elds and then continue to the next question. Existing operations Print Done The following information describes the existing operations: a. The average number of patrons per week is 62.000 b. The total number of runs across all attractions is 11.260 runs each week c. It requires 1,900 litter patrol hours to keep the park clean Print Done ASUS VivoBook 8 22 - X Bellamy Park is an amusement park that offers family-friendly entertainment and attractions. The park boasts more than 25 acres of fun. The admission price to enter the park, which includes access to all attractions, is $36. To earn the required rate of return on investment, Bellamy Park's target operating income is 45% of total revenues. Bellamy Park's managers have identified the major activities that drive the cost of operating the park. The activity cost pools, the cost driver for each activity, and the cost per unit of the cost driver for each pool are provided. (Click the icon to view the information about existing operations.) Click the icon to view the cost-driver Information.) (Click the icon to view the additional information.) Required Requirement 1. Will Bellamy Park achieve its target operating income of 45% of revenues at ticket prices of $36 per ticket before any operating changes? First calculate the weekly operating profit. Complete the table below. (Round your answers to the nearest whole dollar. Use parentheses or a minus sign for an operating loss.) Weekly revenue Weekly costs: Ticket sales and verification Operating attractions Litter patrol Total weekly costs Weekly operating profit Will Bellamy Park achieve its target operating income? (Round your answer to the nearest whole dollar) because the weekly operating profit is than the target operating profit of $ Requirement 2. After Bellamy Park reduces ticket prices and makes the changes and improvements described, will Bellamy Park achieve its target operating income in dollars calculated in requirement 12 Show your calculations First calculate the weekly operating profit. Complete the table below. (Round your answers to the nearest whole dollar. Use parentheses or a minus sign for an operating loss.) Enter any number in the edit fields and then continu to the next question ASUS VivoBook 983 AD 13 S 6 8 9 24 a W E R T S D F G T J K 2 X U V B N M L (Click the icon to view the cost-driver information.) (Click the icon to view the additional information.) Required because the weekly operating profit is (Click the icon to view the information about existing operations.) than the target operating profit of S Requirement 2. After Bellamy Park reduces ticket prices and makes the changes and improvements described, will Bellamy Park achieve its target operating income in dollars calculated in requirement 17 Show your calculations First calculate the weekly operating profit. Complete the table below. (Round your answers to the nearest whole dollar. Use parentheses or a minus sign for an operating loss.) Weekly revenue: Weekly costs: Ticket sales and verification Operating attractions Litter patrol Total weekly costs Weekly operating profit Will Bellamy Park achieve its target operating income in dollars calculated in requirement 1? because the weekly operating profit is than the target operating profit. Enter any number in the edit fields and then continue to the next question. 3028 ASUS VivoBook 2222 G W E R D T U S D F G T K x V B N M 14 Alt Car