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Sillytime Park competes with Fun World by providing a variety of rides. Sillytime sells tickets at $ 1 0 0 per person as a one
Sillytime Park competes with Fun World by providing a variety of rides. Sillytime sells tickets at $ per person as a oneday entrance fee. Variable costs are $ per person, and fixed costs are $ per month. Under these conditions, the breakeven point in tickets is and the breakeven point in sales dollars is $
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Requirement Suppose Sillytime Park cuts its ticket price from $ to $ to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars.
Begin by selecting the formula labels and then entering the amounts to compute the number of tickets Sillytime must sell to break even under this scenario. Abbreviation used: contribution margin. Complete all input fields. For items with a zero value, enter
Requirements
Suppose Sillytime Park cuts its ticket price from $ to $ to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars.
Ignore the information in Requirement Instead, assume that Sillytime Park increases the variable cost from $ to $ per ticket. Compute the new breakeven point in tickets and in sales dollars.
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