Problem 1 Wildlife Escapes generates average revenues of $9,200 per person on its five-day package tours to wildlife parks in Kenya. The variable costs per person are Airfare Hotel accommodations Meals Ground transportation Park tickets and other costs $3,500 1,200 480 920 240 Annual fixed costs total $1,287,000. Required 1. Calculate the number of package tours that must be sold to break even. 2. Calculate the revenue needed to earn a target operating income of $214,500. 3. If fixed costs increase by $40,500, what decrease in variable costs must be achieved to maintain the breakeven point calculated in requirement 1