verage revenue or $6,250 per person on its 5-day package tours to as follows: the variable costs per person.) 000. Data Table num calcy umbe $ Airfare Hotel accommodations 1,200 2,650 bera Meals 600 Ground transportation 500 Park tickets and other costs 300 Total $ 5,250 Print Done er any number in the input fields and then click Check Answer. Clear All 7 pts 9 of 14 (10 complete) W Score: 58.38 imilar to) apes generates average revenue of $6,250 per person on its 5-day package tours to wildlife pa s per person are as follows: the icon to view the variable costs per person.) costs total $500,000 Requirements 1. Calculate the number of package tours that must be sold to break even. Calculate the revenue needed to earn a target operating income of $96,000. 3. If fixed costs increase by $31,000, what decrease in variable cost per person must be achieved to maintain the breakeven point calculated in requirement 1? 4. The general manager at Outback Escapes proposes to increase the price of the packa tour to $7,250 to decrease the breakeven point in units. Using information in the origine problem, calculate the new breakeven point in units. What factors should the general manager consider before deciding to increase the price of the package tour? Print Done many list or enter any number in the input fields and then click Check Answer.. Clear All Check Ang It the contribution margin ratio is 0.40. targeted operating UL. JU.0078, 0.38 of 100.. P3-38 (similar to) Question Help Outback Escapes generates average revenue of $6,250 per person on its 5-day package tours to wildlife parks in Kenya, The variable costs per person are as follows: (Click on the icon to view the variable costs per person.) Annual fixed costs total $500,000. Read the i Requirements Requireme Determine be sold to hat must Calculate the number of package tours that must be sold to break even. 2. Calculate the revenue needed to earn a target operating income of $96,000. If fixed costs increase by $31,000, what decrease in variable cost per person must be achieved to maintain the breakeven point calculated in requirement 1? The general manager at Outback Escapes proposes to increase the price of the package tour to $7.250 to decrease the breakeven point in units. Using information in the original problem, calculate the new breakeven point in units. What factors should the general manager consider before deciding to increase the price of the package tour? Print Done Choose from any list or enter any number in the input neds tind then click Check Answer Darts remain Clear All Check
