Rainbow Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Edmonton Air. Rainbow's fixed costs are $29,500 per month. Edmonton Air charges passengers $1,600 per round-trip ticket. 
This Question: 3 pts 5 of 29 (5 complete) Rainbow Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Edmonton Air. Rainbow's fixed costs are $29,500 per month. Edmonton Air charges passengers $1,600 per round-trip ticket. Read the requirement Begin by selecting the formula to calculate the breakeven points. Breakeven number of units = Next, select the formula to calculate the number of tickets needed to meet the target operating income. Quantity of units required to be sold =( Now complete the requirement for each of the cases. Begin with case 1. Case 1: Rainbow's variable costs are $42 per ticket. Edmonton Air pays Rainbow 10% commission on ticket price. Rainbow must sell tickets to break even and tickets to meet the target operating income. Case 2: Rainbow's variable costs are $35 per ticket. Edmonton Air pays Rainbow 10% commission on ticket price. Rainbow must sell tickets to break even and tickets to meet the target operating income Case 3: Rainbow's variable costs are $35 per ticket. Edmonton Air pays $55 fixed commission per ticket to Rainbow. Comment on the results. Rainbow must sell tickets to break even and tickets to meet the target operating income. When comparing Case 3 to Case 2, the commission sizably the breakeven point and the number of tickets required to yield a target operating income of $12,000. Case 4: Rainbow's variable costs are $35 per ticket. It receives $55 commission per ticket from Edmonton Air. It charges its customers a delivery fee of $5 per ticket. Comment on the results. Rainbow must sell tickets to break even and tickets to meet the target operating income. When comparing Case 4 to Case 3, the $5 delivery fee results in a contribution margin which both the breakeven point and the number of tickets sold to attain operating income of $12,000. Choose from any list or enter any number in the input fields and then continue to the next question. This Question: 3 pts 5 of 29 (5 complete) Rainbow Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Edmonton Air. Rainbow's fixed costs are $29,500 per month. Edmonton Air charges passengers $1,600 per round-trip ticket. Read the requirement Begin by selecting the formula to calculate the breakeven points. Breakeven number of units = Next, select the formula to calculate the number of tickets needed to meet the target operating income. Quantity of units required to be sold =( Now complete the requirement for each of the cases. Begin with case 1. Case 1: Rainbow's variable costs are $42 per ticket. Edmonton Air pays Rainbow 10% commission on ticket price. Rainbow must sell tickets to break even and tickets to meet the target operating income. Case 2: Rainbow's variable costs are $35 per ticket. Edmonton Air pays Rainbow 10% commission on ticket price. Rainbow must sell tickets to break even and tickets to meet the target operating income Case 3: Rainbow's variable costs are $35 per ticket. Edmonton Air pays $55 fixed commission per ticket to Rainbow. Comment on the results. Rainbow must sell tickets to break even and tickets to meet the target operating income. When comparing Case 3 to Case 2, the commission sizably the breakeven point and the number of tickets required to yield a target operating income of $12,000. Case 4: Rainbow's variable costs are $35 per ticket. It receives $55 commission per ticket from Edmonton Air. It charges its customers a delivery fee of $5 per ticket. Comment on the results. Rainbow must sell tickets to break even and tickets to meet the target operating income. When comparing Case 4 to Case 3, the $5 delivery fee results in a contribution margin which both the breakeven point and the number of tickets sold to attain operating income of $12,000. Choose from any list or enter any number in the input fields and then continue to the next
