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Sillyday Park competes with Water World by providing a variety of rides. Sillyday Park sells tickets at $60 per person as a one-day entrance
Sillyday Park competes with Water World by providing a variety of rides. Sillyday Park sells tickets at $60 per person as a one-day entrance fee. Variable costs are $24 per person, and fixed costs are $226,800 per month. The breakeven number of tickets is 6,300. If Sillyday Park expects to sell 7,800 tickets, compute the degree of operating leverage (round to two decimal places). Estimate the operating income if sales increase by 10%. Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage for Sillyday Park. (Round the degree of operating leverage to two decimal places, X.XX.) = Degree of operating leverage
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