Save 5 me FunTime Cruiseline offers nightly dinner Cruises departing from several cities on the East Coast of the United States including Charleston, Baltimore, and 1. Suppose FunTime Cruisine cuts its dinner Cruise ticket price from AC Alexandria Dinner Cruise tickets sol for 550 per passenger Fun Time Cruiseline's $50 to 545 to increase the number of passengers Compute the new variable cost of providing the dinner is $30 per passenger and the faced cost of breakeven point in units and in sale dollars Explain how changes in operating the vessels (depreciation, salaries, docking fees and other expenses) sales price generally affect the breakeven point ESI , paint in tickets in 2. Assume that FunTime Cruisine does not cut the price. FunTime 10.500 and the breakeven point in sales dollars is 5525,000 Cruisine could reduce its variable costs by no longer serving in appetizer before dinner Suppose this operating change reduces the Variable expense from $30 to $20 per passenger Compute the new breakeven point in units and in dollars. Explain how changes in 1. Suppose FunTime Cruiseline cuts is dinner Cruise ticket price from 550 to 545 to increase the number of passengers Compute the new breakeven point in units and in sales dollars Explain how changes in sales price generally affect the breakeven point Opti Begin with the breakeven point in units Enter the formula, then compute the breakeven point (Round your final answers up to the nearest whole number For amounts with a so balance, make sure to enter in the appropriate input field) ext Fived expenses Operating income Contribution margin perunt - Brookoven ts (5 210,000 15 14000 Now compute the breakeven point in sales dollars. Enter the formula then compute the breakeven sales Enter the contribution marginan percent founded to five decimal places XXX For mounts with a balance, make sure to wore the appropriate input field) Fred expenses Operating income Contribution marginato Breve sale 210.000 . 3333333 ' 630 000 LIE Choose from any stor enter any number in the inters and then click Check Answer ou Subos Fun Time Cruseline cuts its dinner Cruise ticket price from C C Now compute the breakeven point in sales dollars. Enter the formula, then compute the breakeven sales (Enter the contribution margin radio as a percent rounded to five decimal places, XX000% For amounts with a 50 balance, make sure to enter in the appropriate input field) Fixed expenses Operating income Contribution margin ratio - Breakeven sales 210,000 3333333 630,000 All else being constant, a decrease in sales price will decrease the contribution margin per unit and contribution margin ration. The breakiven point will therefore Increase 2. Assume that Fun Time Cruiseline does not cut the price FunTime Cruisine could reduce its variable costs by no longer serving an appetizer before dimine - Suppose this operating change reduces the variable expense from $30 to $20 per passenger Compute the new breakeven point in units and in dollars Eaptain how changes in variable costs generally affect the breakeven point Let's begin with the breakeven point units Enter the formula then compute the break even point in units (Round your final aswers up to the nearest while number for amounts with a 50 balance make sure to enter in the appropriate input fold) Food expenses Operating income Contribution margin per unit = Braven units 210,000 30 7000 Now compute the breakeven point in sales dollars Enter the formula then compute the breakeven point in sales (Enter the contribution marginates who percent For amounts with a 50 balance make sure to enter "0" in the appropriate input field) kt 5 LIE Choose from any list or enter any number in the input fields and then click Check Answer costs generally affect the breakeven point Fored expenses Operating income Contribution margin per unit Breakeven units 210,000 30 7.000 Now compute the breakeven point in sales dollars Enter the formula then compute the breakeven point in sales (Enter the contribution marginatio as a whole percent. For amounts with a 50 balance, make sure to enter in the appropriate input field) Fuced expenses Operating Income Contribution margin ratio Breakeven sales 210,000 350.000 All also being equal a decrease in variable costs will therefore the contribution margin per unit and the contribution margin ratio The breakeven point wil