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Sillytime Park competes with Splash World by providing a variety of rides. Sillytime Park sells tickets at $120 per person as a one-day entrance fee.
Sillytime Park competes with Splash World by providing a variety of rides. Sillytime Park sells tickets at $120 per person as a one-day entrance fee. Variable costs are $30 per person, and fixed costs are $585,000 per month. The breakeven number of tickets is 6,500. If Sillytime Park expects to sell 8,500 tickets, compute the degree of operating leverage (round to two decimal places). Estimate the operating income if sales increase by 30%. Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage for Sillytime Park. (Round the degree of operating leverage to two decimal places, X.xx.) Degree of operating leverage = Estimate the new operating income if total sales increase by 30%. (Round your final answer to the nearest dollar) The estimated operating income will be S
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