Score: 0 of 10 pts 7 of 16 (3 complete) HW Score: 18.75%, 30 of 160 pts S20-12 (similar to) Question Help Imaginationtime Park competes with Cool World by providing a variety of rides Imaginationtime sells tickets at $85 per person as a one day entrance fee Variable costs are $17 per person, and fixed costs are $428,400 per month Under these conditions, the breakeven point in tickets is 6,300 and the breakeven point in sales dollars is $535,500 Read the requirements Requirement 1. Suppose Imaginationtime Park cuts its ticket price from $85 to $68 to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars. Begin by selecting the formula labels and then entering the amounts to compute the number of tickets Imaginationtime must sell to break even under this scenario (Abbreviation used CM = contribution margin Complete all input fields. For items with a zero value, enter "0") Required sales in units LILLLILULLISUUS ne Park Compeles WILL LOUVON UY PIUVIULIS a vily III ance fee. Variable costs are $17 per person and fixed costs are $ 428,400 per month. Under these cor int in tickets is 6.300 and the breakeven pointiin sales dollars is $58,505.00 ureme Requirements e at 1. Su akeven htir lecting under the 1. Suppose Imaginationtime Park cuts its ticket price from $85 to $68 to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars 2. Ignore the information in Requirement 1. Instead, assume that Imaginationtime Park increases the variable cost from $17 to $34 per ticket. Compute the new breakeven point in tickets and in sales dollars. Print Done om any drop-down list and then click Check Answer. Clear All Check Answe 2