Story Park competes with Splash World by providing a variety of rides. Story sells tickets at $50

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Story Park competes with Splash World by providing a variety of rides. Story sells tickets at $50 per person as a one-day entrance fee. Variable costs are $10 per person, and fixed costs are $240,000 per month.

Requirement

Compute the number of tickets Story must sell to break even. Perform a numerical proof to show that your answer is correct.

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Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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Question Posted: Dec 16, 2011 03:15 AM

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Story Park competes with Splash World by providing a variety of rides. Story sells tickets at $50

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Sales revenue Sale price Units per unit x sold 50 x Units sold Proof Sales revenue Var...View the full answer

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