Wild-Water Works Water Park provides for a fun day by offering a variety of rides. Wild-Water...
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Wild-Water Works Water Park provides for a fun day by offering a variety of rides. Wild-Water Works Water Park sells tickets at $75 per person as a one-day entrance fee. Variable costs per person are $37 and fixed cost amount to $216,200 per month. Wild-Water Works Water Park expects to sell 7,100 tickets. Find break-even first, then compute the margin of safety in tickets and sales in dollars. Net sales revenue per unit Variable costs per unit = Unit contribution margin (Fixed Costs + Target Profit) / Contribution Margin per unit = Required Sales in Units + = Expected Sales Break-even sales = Margin of safety in units = Submit All Parts = Margin of safety in units X Sales price per unit = Margin of safety in dollars X = Wild-Water Works Water Park provides for a fun day by offering a variety of rides. Wild-Water Works Water Park sells tickets at $75 per person as a one-day entrance fee. Variable costs per person are $37 and fixed cost amount to $216,200 per month. Wild-Water Works Water Park expects to sell 7,100 tickets. Find break-even first, then compute the margin of safety in tickets and sales in dollars. Net sales revenue per unit Variable costs per unit = Unit contribution margin (Fixed Costs + Target Profit) / Contribution Margin per unit = Required Sales in Units + = Expected Sales Break-even sales = Margin of safety in units = Submit All Parts = Margin of safety in units X Sales price per unit = Margin of safety in dollars X =
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Calculate the contribution margin per unit Contribution Margin per Unit Selling Price per Unit Va... View the full answer
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date:
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