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Question Help S21-16 (similar to) Wet Weekend expects to sell two individual tickets for every four family tickets. Wet Weekend's total fixed costs are $112,500.

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Question Help S21-16 (similar to) Wet Weekend expects to sell two individual tickets for every four family tickets. Wet Weekend's total fixed costs are $112,500. Wet Weekend Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Wet Weekend has the following ticket prices and variable costs for 2018: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute the weighted-average contribution margin per ticket. Complete the table below to calculate the weighted average contribution margin. (Round the weighted average contribution margin per unit to the nearest cent.) Individual Family Total x Contribution margin III Weighted average contribution margin per unit - A Data Table Individual Family 30 $ $ 90 Sale price per ticket Variable cost per ticket 15 60 Print Done Requirements a te ati 1. Compute the weighted average contribution margin per ticket. 2. Calculate the total number of tickets Wet Weekend must sell to break even. 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even. Print Done

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