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Along with requirement 1, Could you please help me with the following requiremen

ID: 2503707 • Letter: A

Question

Along with requirement 1,


Could you please help me with the following requirements:


Requirement 2. Calculate the total number of tickets Fun in the Sun must sell to break even.


What is the break even point in tickets?


Requirement 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even.


How many individual tickets does the company need to sell to break even?


How many family tickets does the company need to sell to break even?


Thank you so much for the help:)

Splashing Sun Swim Park sells individual and family tickets, which include a meal, three beverages, and unlimited use of the swimming prices and variable costs for 2012: Splashing Sun expects to sell two individual tickets for every 4 family tickets. Splashing Sun's total fixed costs are $56,250. Compute the weighted-average contribution margin per ticket. (Round your answer to the nearest cent.) Calculate the total number of tickets Splashing Sun must sell to break even. Calculate the number of individual tickets and the number of family tickets the company must sell to break even. Compute the weighted-average contribution margin per ticket. (Round your answer to the nearest cent.) The weighted-average contribution margin per ticket is $.

Explanation / Answer

1. Compute the weighted average contribution margin per ticket:

Contribution margin for individual ticket: 30

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