Wicker Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Wicker Waters has the following ticket prices and variable costs for the year:

Part 1: For the following year, Wicker Waters expects a sales mix of one individual ticket for every four family tickets. Wicker Waters' total fixed costs are $19,500.

Part 1

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
-
Contribution margin
Weighted-average contribution margin per unit

requirements:

1. Compute the weighted-average contribution margin per ticket.

2. Calculate the total number of tickets Wicker Waters 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.

	Individual	Family
Sale price per ticket	$35	$105
Variable cost per ticket	25	100