SoakNSun expects to sell one individual ticket for every four family tickets. SoakNSun's total fixed costs are $22,500. SoakNSun Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. SoakNSun has the following ticket prices and variable costs for 2018: E (Click the icon to view the data.) Read the requirements Data Table 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.) Individual Family Individual Family Total Sale price per ticket $ 35 $ 105 Variable cost per ticket 25 100 Print Done X Contribution margin Weighted average contribution margin per unit Requirement 2. Calculate the total number of tickets Soak Sun must sell to break even. Start by selecting the formula and entering the amounts to calculate the total number of tickets Soak Sun 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 "O".) Required sales in units Requirements Requirement 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even. Choose from any list or enter any number in the input fields and then continue to the next question. 1. Compute the weighted average contribution margin per ticket. 2. Calculate the total number of tickets SoakNSun 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. SoakNSun expects to sell one individual ticket for every four family tickets. SoakNSun's total fixed costs are $22,500. SoakNSun Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Soak Sun has the following ticket prices and variable costs for 2018: (Click the icon to view the data.) Read the requirements. Data Table Individual Family Total Individual Family $ 35 $ 105 Sale price per ticket Variable cost per ticket X 25 100 Contribution margin Print Done Weighted-average contribution margin per unit Requirement 2. Calculate the total number of tickets SoakNSun must sell to break even. Start by selecting the formula and entering the amounts to calculate the total number of tickets SoakNSun 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 "O".) ) / = 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 X Choose from any list or enter any number in the input fields and then continue to the next question. 1. Compute the weighted average contribution margin per ticket. 2. Calculate the total number of tickets SoakNSun 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
