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Storytime Park competes with Zip World by providing a variety of rides. Storytime Park sells tickets at $60 per person as a one-day entrance fee.
Storytime Park competes with Zip World by providing a variety of rides. Storytime Park sells tickets at $60 per person as a one-day entrance fee. Variable costs are $24 per person, and fixed costs are $226,800 per month. The breakeven number of tickets is 6,300. If Storytime Park expects to sell 8,050 tickets, compute the degree of operating leverage (round to two decimal places). Estimate the operating income if sales increase by 30%. Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage for Storytime Park. (Round the degree of operating leverage to two decimal places, X.XX.) Contribution margini = Degree of operating leverage Estimate the new operating income if total sales increase by 30%. (Round your final answer to the nearest dollar.) The estimated operating income will be $ L
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