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Splashing Fun Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming
Splashing Fun Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Splashing Fun has the following ticket prices and variable costs for 2018: (Click the icon to view the data.) Splashing Fun expects to sell one individual ticket for every four family tickets. Splashing Fun's total fixed costs are $81,000 Read the requirements 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 Total Contribution margin Weighted-average contribution margin per unit i Requirements 1. Compute the weighted average contribution margin per ticket. 2. Calculate the total number of tickets Splashing Fun 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. Family Individual $ 20 $ $ 60 Sale price per ticket Variable cost per ticket 10 40
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