Park competes with World by providing a variety of rides. sells tickets at $110 per person as a one-day entrance fee. Variable costs are $44 per person, and fixed costs $412,500 are per month. Under these conditions, the breakeven point in tickets is 6,250 and the breakeven point in sales dollars is $687,500.
Requirement
1. Suppose Park cuts its ticket price from to to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars. 

2. Begin by selecting the formula labels and then entering the amounts to compute the number of tickets must sell to break even under this scenario

Answer rating: 100% (QA)

1 If the sales price decreases from 110 to 88 the breakeven point in units would increase from 6250 ... View the full answer