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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 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: (Click the icon to view the data.) For 2019 , SoakNFun expects a sales mix of two individual tickets for every four family tickets. SoakNFun's total fixed costs are $112,500. Read the 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.) Requirement 2. Calculate the total number of tickets SoakNFun must sell to break even. Start by selecting the formula and entering the amounts to calculate the total number of tickets SoakNFun must sell to break even. (Abbreviation used: Weighted-avg. CM = weighted-average contribution margin. Complete all input fields. For items with a zero value, enter "0". Round your answer up to the nearest whole unit.) Data table Requirements 1. Compute the weighted-average contribution margin per ticket. 2. Calculate the total number of tickets SoakNFun 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
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