Question: Correct? 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

Correct?
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 $ 2,846, eee $ 787,200 $ 990, eee 66,000 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 $308,800 in operating profits, she will close It down. What number of tickets must be sold for Anu's Amusements to make a $308,800 operating profit for the year on ticket sales? (Do not round Intermediate calculations.) a. $ b. $ c. Average selling price Average variable cost Average contribution margin Break-even point Number of tickets $ 31 per ticket 15 per ticket 16 per ticket 49,200 tickets 68.500 d. e
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
