Ocean Cruiseline offers nightly dinner cruises off the coast of Nanaimo and Victoria. Dinner cruise tickets sell for$50 per passenger.Ocean's variable cost of providing the dinner is$10 perpassenger, and the fixed cost of operating the vessels(depreciation, salaries, dockingfees, and otherexpenses) is

$160,000 per month. Thecompany's relevant range extends to20,000 monthly passengers. Draw a graph ofOcean's CVP relationships. Include the sales revenueline, the fixed expenseline, the total expenseline, and thebreak-even point. Determine the income area and the loss area.

The operating income area is?

The operating loss area is