Use the information from the Northern Cruiseline Data Set to compute the number of dinner cruise tickets it must sell to break even.
a. Use the income statement equation approach.
b. Using the shortcut unit contribution margin approach, perform a numerical proof to ensure that your answer is correct.
c. Use your answers from a and b to determine the sales revenue needed to break even.
d. Use the shortcut contribution margin ratio approach to verify the sales revenue needed to break even.