Sillytime Park competes with Water World by providing a variety of rides. Sillytime 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. Under these conditions, the breakeven point in tickets is 6,300 and the breakeven point in sales dollars is $378,000. Read the requirements. Requirement 1. Suppose Sillytime Park cuts its ticket price from $60 to $48 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: CM contribution margin. Complete all input fields. For items with a zero value, enter "0".) Required sales in units ( Next, select the formula and then enter the amounts to calculate the sales in dollars Sillytime needs to break even under this scenario. (Abbreviation used: CM = contribution margin. Enter the contribution margin ratio to the nearest percent. X%. Complete all input fields. For items with a zero value, enter "0") + ( 14 H + ESA The new breakeven point in sales dollars is www % D Requirement 2. Ignore the information in Requirement 1. Instead, assume that Sillytime Park increases the variable cost from $24 to $33 per ticket. Compute the new breakeven point in tickets and in sales dollars. The new breakeven point in tickets is SAD Required sales in dollars THE

Sillytime Park competes with Water World by providing a variety of rides. Sillytime 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. Under these conditions, the breakeven point in tickets is 6,300 and the breakeven point in sales dollars is $378,000. Read the requirements. Requirement 1. Suppose Sillytime Park cuts its ticket price from $60 to $48 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 Silytime must sell to break even under this scenario. (Abbreviation used. CM = contribution margin. Complete all input fields. For items with a zero value, enter " 0 ) Next, select the formula and then enter the amounts to calculate the sales in dollars Sillytime needs to break even under this scenario. (Abbreviation used: CM = contribution margin. Enter the contribution margin ratio to the nearest percent, X%. Complete all input fields. For iterns with a zero value, enter "0".) Requirement 2. Ignore the information in Requirement 1. Instead, assume that Sillytime Park increases the variable cost from $24 to $33 per ticket. Compute the new breakeven point in tickets and in sales dollars. The new breakeven point in tickets is The new breakeven point in sales dollars is Sillytime Park competes with Water World by providing a variety of rides. Sillytime 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. Under these conditions, the breakeven point in tickets is 6,300 and the breakeven point in sales dollars is $378,000. Read the requirements. Requirement 1. Suppose Sillytime Park cuts its ticket price from $60 to $48 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 Silytime must sell to break even under this scenario. (Abbreviation used. CM = contribution margin. Complete all input fields. For items with a zero value, enter " 0 ) Next, select the formula and then enter the amounts to calculate the sales in dollars Sillytime needs to break even under this scenario. (Abbreviation used: CM = contribution margin. Enter the contribution margin ratio to the nearest percent, X%. Complete all input fields. For iterns with a zero value, enter "0".) Requirement 2. Ignore the information in Requirement 1. Instead, assume that Sillytime Park increases the variable cost from $24 to $33 per ticket. Compute the new breakeven point in tickets and in sales dollars. The new breakeven point in tickets is The new breakeven point in sales dollars is