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URGENT PLEASE HELP!! Storytime Park competes with Splash World by providing a variety of rides. Storytime Park sells tickets at $90 per person as a
URGENT PLEASE HELP!!
Storytime Park competes with Splash World by providing a variety of rides. Storytime Park sells tickets at $90 per person as a one-day entrance fee. Variable costs are $18 per person, and fixed costs are $464,400 per month. Under these conditions the breakeven point in tickets is 6,450 and in sales dollars is $580,500. Suppose Storytime Park increases fixed costs from $464,400 per month to $529,200 per month. 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 Storytime must sell to break even if its fixed costs are increased to $529,200. (Abbreviation used: CM = contribution margin. Complete all answer boxes. For items with a zero value, enter "0") + ) - Required sales in units + Next, select the formula and then enter the amounts to calculate the sales in dollars Storytime needs to break even if its fixed costs are increased to $529,200. (Abbreviation used: CM = contribution margin. Enter the contribution margin ratio to the nearest percent, X%. Complete all answer boxes. For items with a zero value, enter "0".) Required sales in dollars ( %Step by Step Solution
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