Managerial accounting please do all requirement

Imaginationtime Park competes with Splash World by providing a variety of rides. Imaginationtime sells tickets at $125 per person as a one-day entrance fee. Variable costs are $75 per person, and fixed costs are $325,000 per month. Under these conditions, the breakeven point in tickets is 6,500 and the breakeven point in sales dollars is $812,500. Read the requirements. Requirement 1. Suppose Imaginationtime Park cuts its ticket price from $125 to $100 to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars. Begin by selecting the formula labels and then entering the amounts to compute the number of tickets Imaginationtime must sell to break even under this scenario. (Abbreviation used: CM = contribution margin. Complete all answer boxes. For items with a zero value, enter "O".) ( Fixed costs + Target profit )1 CM per unit = Required sales in units Requirements 1. Suppose Imaginationtime Park cuts its ticket price from $125 to $100 to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars. 2. Ignore the information in Requirement 1. Instead, assume that Imaginationtime Park increases the variable cost from $75 to $85 per ticket. Compute the new breakeven point in tickets and in sales dollars. Print Done