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WetNWacky Swim Park sells individual and family tickets. With a ticket, each person receives a I For 2019, WetNWacky expects a sales mix of one
WetNWacky Swim Park sells individual and family tickets. With a ticket, each person receives a I For 2019, WetNWacky expects a sales mix of one individual ticket for every four family meal, three beverages, and unlimited use of the swimming pools. WetNWacky has the following tickets. WetNWacky's total xed costs are $49300. ticket prices and variable costs for 2018: H g [Click the icon to view the data.) Read the lm 1. Compute the weighted-average contribution margin per ticket. 2. Calculate the total number of tickets WetNWacky must sell to break even. 3. Calculate the number at individual tickets and the number of family tickets the Variable cost per ticket 15 60 company must sell to break even. Individual Family Sale price per ticket 5 25 5 i5 Requirement 1. Compute the weighted-average contribution margin per ticket. Complete the table below to calculate the weighted-average contribution margin. (Round the weightedaverage contribution margin per unit to the nearest cent.) Individual Family Total x Contribution margin Weightedaverage contribution margin per unit Requirement 2. Calculate the total number of tickets WetNWacky must sell to break even. Start by selecting the formula and entering the amounts to calculate the total number of tickets WetNWacky must sell to break even. (Abbreviation used: Weighted-avg. CM = weightedaverage oonribution margin. Complete all input fields. For items with a zero value' enter '0'. Round your answer up to the nearest whole uni .) = Required les in units ( + )+ ( + ]+ 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
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