Question: Anu's Amusement Center has collected the following data for operations for the year. Total revenues Total fixed costs Total variable costs Total tickets sold $

Anu's Amusement Center has collected the following data for operations for the year. Total revenues Total fixed costs Total variable costs Total tickets sold $ 2,142, eee $ 814, 30e $ 1,871, eee 63,eee Required: a. What is the average selling price for a ticket? b. What is the average variable cost per ticket? c. What is the average contribution margin per ticket? (Do not round Intermediate calculations.) d. What is the break-even point? (Do not round Intermediate calculations.) e. Anu has decided that unless the operation can earn at least $299,200 in operating profits, she will close it down. What number of tickets must be sold for Anu's Amusements to make a $299,200 operating profit for the year on ticket sales? (Do not round Intermediate calculations.) a. b. Average selling price Average variable cost Average contribution margin Break-even point per ticket per ticket per ticket c. d. tickets e. Number of tickets
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
