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Splashing Sun expects to sell one individual ticket for every three family tickets. Splashing Sun's total fixed costs are $21,875. Splashing Sun Swim Park sells
Splashing Sun expects to sell one individual ticket for every three family tickets. Splashing Sun's total fixed costs are $21,875. Splashing Sun 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 Sun has the following ticket prices and variable costs for 2018: E (Click the icon to view the data.) 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 Requirement 2. Calculate the total number of tickets Splashing Sun must sell to break even. Start by selecting the formula and entering the amounts to calculate the total number of tickets Splashing Sun must sell to break even. (Abbreviations used: Weighted avg. CM = weighted average contribution margin. Complete all input fields. 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. = Breakeven sales of tickets = Individual Family Data Table Requirements - X Family Sale price per ticket Variable cost per ticket Individual $ 35 S 25 105 1. Compute the weighted average contribution margin per ticket. 2. Calculate the total number of tickets Splashing Sun 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 100 Print Done Print Done
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