Use the information from the Crystal Cruiseline Data Set. If Crystal Cruiseline sells 8,750 dinner cruises, compute

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Use the information from the Crystal Cruiseline Data Set. If Crystal Cruiseline sells 8,750 dinner cruises, compute the margin of safety
a. In units ( dinner cruise tickets).
b. In sales dollars.
c. As a percentage of sales.

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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Managerial Accounting

ISBN: 978-0133428377

4th edition

Authors: Karen W. Braun, Wendy M. Tietz

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