Question
Si Amigo Entertainment offers theater packages at $46 per unit. The package includes snacks, beverages and a ticket. The costs incurred by the program are
Si Amigo Entertainment offers theater packages at $46 per unit. The package includes snacks, beverages and a ticket. The costs incurred by the program are as follows: Variable Costs $25 per package Fixed Expenses $9,360 Do not enter dollar signs or commas in the input boxes. a) Calculate the contribution margin per package. Round your answer to 2 decimal places Contribution margin per package: $Answer b) Determine the break-even point in units (packages) Round your answer up to the nearest whole number. Break-even point: Answer c) If the theater can accommodate only 360 individuals, how much should Si Amigo Entertainment charge per package to break-even? Assume that variable and fixed costs remain the same. Round your answer to 2 decimal places Selling Price: $Answer d) Using the information from part (c), how much should Si Amigo charge per package if they want to have an operating income of $720? Round your answer to 2 decimal places Selling Price: $Answer
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