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Playtime Park competes with Cool World by providing a variety of rides. Playtime sells tickets at $110 per person as a one-day entrance fee. Variable
Playtime Park competes with Cool World by providing a variety of rides. Playtime sells tickets at $110 per person as a one-day entrance fee. Variable costs are $44 per person, and fixed costs are $412, 500 per month. Under these conditions, the breakeven point in tickets is 6, 250 and the breakeven point in sales dollars is $687, 500. Requirements Suppose Playtime Park cuts its ticket price from $110 to $88 to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars. Ignore the information in Requirement 1. Instead, assume that Playtime Park increases the variable cost from $44 to $55 per ticket. Compute the new breakeven point in tickets and in sales dollars
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