Use the information from the Crystal Cruiseline Data Set. Draw a graph of Crystal Cruise-line’s CVP relationships. Include the sales revenue line, the fixed expense line, and the to-tal expense line. Label the axes, the breakeven point, the income area, and the loss area.
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.