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The Chiming Clock Company sells a particular clock for $30. The variable costs are $19 per clock and the breakeven point is 230 clocks. The
The Chiming Clock Company sells a particular clock for $30. The variable costs are $19 per clock and the breakeven point is 230 clocks. The company expects to sell 280 clocks this year. If the company actually sells 330 clocks, what effect would the sale of additional 50 clocks have on operating income? Explain your answer. The sale of an additional 50 clocks would operating income by the amount of The total effect would amount toWally Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming Wally Waters expects to sell two individual tickets for every three family tickets. Wally Waters' total fixed costs are $108,000. pools. Wally Waters has the following ticket prices and variable costs for the year: (Click the icon to view the data.) Read the requirem 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 Wally Waters must sell to break even. Start by selecting the formula and entering the amounts to calculate the total number of tickets Wally Waters 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 ) + 1 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 X - X Data table Requirements Individual Family 1. Compute the weighted-average contribution margin per ticket. 2. Calculate the total number of tickets Wally Waters must sell to break even. Sale price per ticket S 25 9 75 3. Calculate the number of individual tickets and the number of family tickets the Variable cost per ticket 10 40 company must sell to break even. Print Done Print Done
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