Question: please show how you did it The company generates average revenue of $5,500 per person on its 5 -day package tours to Hawail. The variable
please show how you did it
The company generates average revenue of $5,500 per person on its 5 -day package tours to Hawail. The variable costs per person are as follows: Airfare: $1,500 Hotel accommodations: $2,200 Meals: $500 Ground transportation: $110 Park tickets and other costs: $390 Total: $4,700 Annual fixed costs total $480.000 Required 1. Calculate the number of package tours that must be sold to break even. 2. Calculate the revenue needed to earn a target operating income of $72,000
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