Question: Exercise 3-28 (Algo) Basic Decision Analysis Using CVP (LO 3-1) Waterman's WaterWorld Tourist Park has collected the following data for operations for the year: Required:

Exercise 3-28 (Algo) Basic Decision Analysis Using CVP (LO 3-1) Waterman's

Exercise 3-28 (Algo) Basic Decision Analysis Using CVP (LO 3-1) Waterman's WaterWorld Tourist Park has collected the following data for operations for the year: 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? Note: Do not round intermediate calculations. d. What is the break-even point? Note: Do not round intermediate calculations. e. Waterman's management has decided that unless the operation can earn at least $184,000 in operating profits, they will close it Note: Do not round intermediate colculations. Note: Do not round intermediate calculations

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