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Soakfun expects to sell two individual tickets every three family tickets. SoakNFun's total fixed costs are $52,000 SoakNFun Swim Park sells individual and family tickets.
Soakfun expects to sell two individual tickets every three family tickets. SoakNFun's total fixed costs are $52,000
SoakNFun Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. SoakNFun has the following ticket prices and variable costs for 2018: SoakNFun expects to sell two individual tickets for every three family tickets. SoakNFun's total fixed costs are $52.000. Read the requirements. E (Click the icon to view the data.) Requirement 1. Compute the weighted-average contribution margin per ticket. Complete the table below to calculate the weighted-average contribution margin. (Round the weighted-average contribution margin per unit to the nearest cent.) Data Table the options here are: weighted-avg. CM per unit, weighted-avg. CM ratio, sales price, target price Individual Family Total the options here are: weighted-ave. CM per unit weighted-avg. CM ratio fixed costs variabe costs Family Individual 25 $ Sale price per ticket 75 Variable cost per ticket 15 60 Contribution margin Print Done Weighted-average contribution margin per unit Requirement 2. Calculate the total number of tickets SoakNFun must sell to break even. Start by selecting the formula and entering the amounts to calculatethe total number of tickets SoakNFun must sell to break even. (Abbreviations used: Weighted avg. CM = weighted-average contribution margin. Complete all answer boxes. For items with a zero value, enter "0".) Required sales in units )/ Requirement 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even. Requirements = Breakeven sales of tickets Individual X. Family 1. Compute the weighted-average contribution margin per ticket. 2. Calculate the total number of tickets SoakNFun must sell to break even. the options here are: fixed costs, margin of safety in units, number of tickets to break even, sales price per unit, variable costs per unit the options here are: contribution 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even. margin, margin of safety in unit, proportion of the sales mix, target profit Print Done Choose from any list or enter any number in the input fields and then continue to the nextStep by Step Solution
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