Question: Describe what each letter stands for in the CVP graph. Crystal Cruiseline Data Crystal Cruiseline offers nightly dinner cruises off the coast of Miami, San

Describe what each letter stands for in the CVP graph.


Describe what each letter stands for in the CVP graph.


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 monthlypassengers.

200 150 The breakeven point is at unitsa and at dolars of sales,

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