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Playpals Park competes with Splash World by providing a variety of rides. Playpals sells tickets at $130 per person as a one-day entrance fee. Variable
Playpals Park competes with Splash World by providing a variety of rides. Playpals sells tickets at $130 per person as a one-day entrance fee. Variable costs are $13 per person, and fixed costs are $760,500 per month. Compute the contribution margin per unit and the number of tickets Playpals Park must sell to break even. Perform a numerical proof to show that your answer is correct. Begin by selecting the formula labels and then entering the amounts to compute the contribution margin per unit. Net sales revenue per unit Variable costs per unit Contribution margin per unit $ 130 13 = 117 Begin by selecting the formula labels and then entering the amounts to compute the number of tickets Playpals must sell to break even. (Abbrevision used: CM = contribution margin. Complete all input fields. For items with a zero value, enter "O".) + Required sales in units Story Park competes with Splash World by providing a variety of rides. Story sells tickets at $70 per person as a one-day entrance fee. Variable costs are $28 per person, and fixed costs are $258,300 per month. Compute Story Park's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Story Park needs to break even. Begin by selecting the formula labels and then enter the amounts to compute the contribution margin ratio. (Enter you answer to the nearest percent, X%.) Contribution margin per unit Net sales revenue per unit Contribution margin ratio $ 42 + $ 70 = 60 % Begin by selecting the formula and then entering the amounts to calculate the sales in dollars Story needs to break even. (Abbreviation used: CM = contribution margin. Complete all input fields. For items with a zero value, enter "O".) + = Required sales in dollars
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