Hello! I need help with this accounting assignment! I just need to fill in the b

Question

Hello! I need help with this accounting assignment! I just need to fill in the blanks. The first line is the equation and underneath should be numbers for the formula

Funday Park competes with Fun World by providing a variety of rides. Funday sells tickets at $85 per person as a one-day enterence fee. Variable costs are $17 per person and fixed costs are $428400 per month.

Here is the information I already have to answer the rest of the questions:

Contribution margin per unit = $68

Breakeven point in units = 6300 units

Target profit =0

( 6300 * 85 - 6300 * 17 -428400 = 0

535500 -107100 - 428400 = 0 )

Contribution margin ratio = 80%

Required sales in dollars for breakeven = $535500

Explanation / Answer

Solution-

3.a

3.b

Requirment 4

Req 5

Req 6

Req 6

Formulas/Calculation S. No. Item Formula Calculation Net Result 1 Break Even Units Fixed Cost / Contribution per unit 428400 / 51 8400.00 2 Break Even Sales($) Fixed Cost / (CPM/Sales per unit) 428400/(51/68) 571200.00

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