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Si Amigo Entertainment offers theater packages at $59 per unit. The package includes snacks, beverages and a ticket. The costs incurred by the program are
Si Amigo Entertainment offers theater packages at $59 per unit. The package includes snacks, beverages and a ticket. The costs incurred by the program are as follows: Variable Costs $24 per package Fixed Expenses $15,000 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: b) Determine the break-even point in units (packages) Round your answer to the nearest whole number. Break-even point: c) If the theater can accommodate only 400 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: $ d) Using the information from part (c), how much should Si Amigo charge per package if they want to have an operating income of $1, 300? Round your answer to 2 decimal places Selling Price: $
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