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Question 3 The following pertains to operations of a mini petting zoo, Zoo-R-Us, which charges visitors an entrance fee of $30 per person: Variable
Question 3 The following pertains to operations of a mini petting zoo, Zoo-R-Us, which charges visitors an entrance fee of $30 per person: Variable Costs per visitor Special Pack - $8 Zoo Consumables - $5 Zoo Expenses - $2 Total Fixed Costs - $200,000 Required: a. Compute the contribution margin per unit and contribution margin ratio for Zoo-R-Us. b. Compute the breakeven point in revenue dollars ($). c. Compute the number of units required to achieve a target income of $175,000. d. Compute the margin of safety in dollars and margin of safety ratio, if the zoo intends to have sales of $675,000 for the month of July. Question 4 Sara is a management accountant in an organization. She has been assigned the task of budgeting payroll costs for the next quarter. Payroll information for " (4) quarters of 2017 is as follows: Zoom
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