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Wyoming Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming

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Wyoming 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. Wyoming Waters has the following ticket prices and variable costs for the year: B (Click the icon to view the data.) Wyoming Waters expects to sell one individual ticket for every four family tickets. Wyoming Waters' total fixed costs are $46,000. Read the requirements 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 Requirement 2. Calculate the total number of tickets Wyoming Waters must sell to break even. Start by selecting the formula and entering the amounts to calculate the total number of tickets Wyoming Waters must sell to break even. (Abbreviations used: Weighted avg. CM = weighted average contribution margin. Complete all input fields. For items with a zero value, enter "O".) ) Required sales in units Requirement 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even. Data Table Requirements = Breakeven sales of tickets Individual Individual Family Family $ 35 $ Sale price per ticket Variable cost per ticket 105 80 1. Compute the weighted average contribution margin per ticket 2. Calculate the total number of tickets Wyoming 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. 20 Print Done Print Print Done

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