Suppose Super Cruiseline decides to offer two types of dinner Cruises regular cruises and executive Cruises The executive Cruise includes complimentary cocktails and a five course dinner on the upper deck. Assume that fixed expenses are $208,000 per month and that the following ticket prices and variable expenses apply Regular Cruise Executive Cruise Sale price per ticket $ 80 S 160 Variable expense per passenger 40 60 Assuring that Super Cruiseline expects to sell four regular cruises for every executive cruise, compute the weighted average contribution margin per unit is it higher or lower than a simple average contribution margin? Why is higher or lower than the regular cruise contribution margin of $40? Why? Will this new sales mix cause Super Cruiseline's break-even point to increase or decrease from what it was when it sold only regular cruises? 80 Assuming that Super Cruiseline expects to sell four regular cruises for every one executive cruise compute the weighted average contribution margin per unit Determine the formula, then complete the table one section at a time. Regular Executive Total Sale price per ticket 160 Deduct Variable expense per ticket 40 60 Contribution margin per ticket Sales mix in units M Choose from any list or enter any number in the input fields and then continue to the next question Save for Later * ENG 1:05 PM 2020-08-06 O Ei Type here to search Sale price per ticket 80 $ 160 Variable expense per passenger 40 60 Assurning that Super Cruiseline expects to sell four regular cruises for every executive cruise, compute the weighted average contribution margin per unit. Is it higher or lower than a simple average contribution margin? Why higher or lower than the regular cruise contribution margin of $40? Why? Will this new sales mix cause Super Cruiseline's break even point to increase or decrease from what it was when it sold only regular cruises? Contribution margin per ticket Sales mix in units Weighted average contribution margin per unit A simple average contribution margin would be $ Is the weighted average contribution margin higher or lower than a simple average contribution margin? Choose from any list or enter any number in the input fields and then continue to the next question Save for Later Type here to search O RE F 4x ENG 1:22 PM 2020-08-01 5 Variable expense per passenger 40 60 Assuming that Super Cruiseline expects to sell four regular cruises for every executive cruise, compute the weighted average contribution margin per unit. Is it higher or lower than a simple average contribution margin? Why? Is higher or lower than the regular cruise contribution margin of $40? Why? Will this new sales mix cause Super Cruiseline's break even point to increase or decrease from what it was when it sold only regular cias The weighted average is more than the simple average because Super Cruiseline sells more regular cruises, which have a higher contribution margin than executive cruises Is the weighted average contribution margin higher or lower than the regular cruise contribution margin of $40? Why? The weighted average contribution margin is lower than the contribution margin of regular cruises because Super Cruiseline sells some executive cruises, and they have a higher contribution margin than regular cruises Will this new sales mix cause Super Cruiseline's break even point to increase or decrease from what it was when it only sold regular cruises? Because the new sales mix creates a higher weighted average contribution margin, Super Cruiseline will need to sell more cruises in total, to break even than when they just sold regular cruises Choose from any list or enter any number in the input fields and then continue to the next question Save for Later ENG Type here to search ORA 5