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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
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 2014: E: (Click the icon to view the data.) For 2015, Splashing Sun expects a sales mix of two individual tickets for every three family tickets. Splashing Sun's total fixed costs are $42,000. Requirements 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. 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 Data Table Individual Family $ 35 $ 105 Contribution margin Sale price per ticket Variable cost per ticket 20 80 Weighted average contribution margin per unit Print Done
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