Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

S7-7 (similar to) Question Help Suppose Flow Cruiseline decides to offer two types of dinner Cruises: regular Assuming that Flow Cruiseline expects to sell four

image text in transcribed
S7-7 (similar to) Question Help Suppose Flow Cruiseline decides to offer two types of dinner Cruises: regular Assuming that Flow Cruiseline expects to sell four regular cruises for every executive cruises and executive cruises. The executive cruise includes complimentary cocktails cruise, compute the weighted average contribution margin per unit. Is it higher or and a five-course dinner on the upper deck Assume that foed expenses remain at lower than a simple average contribution margin? (A simple average in calculated $210,000 per month and that the following ticket prices and variable expenses by adding both contribution margins per passenger together and dividing by two.) apply: Why is it higher or lower than the regular cruise contribution margin of $30? Why? Click the icon to view the ticket prices and expenses.) Wil this new sales mix cause Flow Cruiseline's breakeven point to increase or decrease from what it was when it only sold regular cruises? Assuming that Flow Cruiseline expects to soil four regular cruises for every one executive cruise compute the weighted average contribution margin per unit, Determine the formula, then complete the table one section at a time Less Weighted average contribution margin per unit S7-7 (similar to) Question Help Suppose Flow Cruiseline decides to offer two types of dinner Cruises: regular Assuming that Flow Cruiseline expects to sell four regular cruises for every executive cruises and executive cruises. The executive cruise includes complimentary cocktails cruise, compute the weighted average contribution margin per unit. Is it higher or and a five-course dinner on the upper deck Assume that foed expenses remain at lower than a simple average contribution margin? (A simple average in calculated $210,000 per month and that the following ticket prices and variable expenses by adding both contribution margins per passenger together and dividing by two.) apply: Why is it higher or lower than the regular cruise contribution margin of $30? Why? Click the icon to view the ticket prices and expenses.) Wil this new sales mix cause Flow Cruiseline's breakeven point to increase or decrease from what it was when it only sold regular cruises? Assuming that Flow Cruiseline expects to soil four regular cruises for every one executive cruise compute the weighted average contribution margin per unit, Determine the formula, then complete the table one section at a time Less Weighted average contribution margin per unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Auditing Technique For Securing Privacy In Cloud Storage Cloud Server Security

Authors: Sri Nagesh, Vankamamidi Srinivasa Naresh

1st Edition

6202523689, 978-6202523684

More Books

Students also viewed these Accounting questions

Question

How can societies encourage more prosocial behaviour?

Answered: 1 week ago