Question: I need 20-17 solve Use the following information to complete Short Esxercises $20-16 and S20-17. Wild Waters Swim Park sells individual and family tickets. With

Use the following information to complete Short Esxercises $20-16 and S20-17. Wild Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Wild Waters has the following ticket prices and variable costs for 2018: Individual Sales price per ticket Variable cost per ticket Family 150 140 $ 50 35 Wild Waters expects to sell one individual ticket for every four family tickets Wild Waters's total fixed costs are $27,500. S20-16 Calculating breakeven point for two products Learning Obj Using the Wld Waters Swim Park information presented, do the following tasks Requirements 1. Compute the weighted-average contribution margin per 2. Calculate the total number of tickets Wild Waters must sell to break even. 3. Calculate the number of individual tickets and the number of family tickets the ticket. company must sell to break even. S20-17 Calculating breakeven point for two products Learning Obj For 2019, Wild Waters expects a sales mix of four individual tickets for every one family ticket. Requirements 1. Compute the new weighted-average contribution margin per ticker. 2. Calculate the total number of tickets Wild Waters must sell to break even. 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even. 1SO 140 35 ueighted avarg Lub 15 per-Individual $40-for-froiy ireal Cos 27oo ,S 833 ticke+s Iadividual 27500 U 20-17
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