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Wet N Wild Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the
Wet N Wild Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming WetNWild expects to sell two individual tickets for every three family tickets. Wet N Wild's total fixed costs are $81,000. pools. We NWild has the following ticket prices and variable costs for 2018: Read the requirements. (Click the icon to view the data.) 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 Data Table Individual Family Contribution margin Sale price per ticket $ 40 $ 120 Variable cost per ticket 25 100 Weighted average contribution margin per unit Print Done Requirements 1. Compute the weighted average contribution margin per ticket. 2. Calculate the total number of tickets WetNWild must sell to break even. 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even. Print Done Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Check
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