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SM5-16 (similar to) Question Help Whimsy Waters expects to sell one individual ticket for every four family tickets. Whimsy Waters' total fixed costs are $108,500.
SM5-16 (similar to) Question Help Whimsy Waters expects to sell one individual ticket for every four family tickets. Whimsy Waters' total fixed costs are $108,500. Whimsy Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Whimsy Waters has the following ticket prices and variable costs for the year: (Click the icon to view the data Read the requirements Data Table Requirement Compute the weighted-average contribution margin per ticket. Complete the table below calculate the weighted average contribution margin. (Round the weighted average contribution margin per unit to the nearest cent.) Individual Family Total Family Individual S 25 $ Sale price per ticket 75 Variable cost per ticket 10 40 Print Done Contribution margin A Requirements Weighted average contribution margin per unit 1. Compute the weighted average contribution margin per ticket. 2. Calculate the total number of tickets Whimsy Waters must sell to break even. 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even. Print Done Choose from any list or enter any number in the input fields and then click Check
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