Use the information from the Crystal Cruiseline Data Set. If Crystal Cruiseline has a target operating income
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Use the information from the Crystal Cruiseline Data Set. If Crystal Cruiseline has a target operating income of $ 45,000 per month, how many dinner cruise tickets must the company sell?
Crystal Cruiseline Data
Crystal Cruiseline offers nightly dinner cruises off the coast of Miami, San Francisco, and Seattle. Dinner cruise tickets sell for $ 50 per passenger. Crystal Cruiseline’s variable cost of providing the dinner is $ 20 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $ 210,000 per month. The company’s relevant range extends to 14,000 monthly passengers.
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