Use the information from the Luxury Cruiseline Data Set. If Luxury Cruiseline has a target operating income

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Use the information from the Luxury Cruiseline Data Set. If Luxury Cruiseline has a target operating income of $97,200 per month, how many dinner cruise tickets must the company sell?

Luxury Cruiseline offers nightly dinner cruises off the coast of Miami, San Francisco, and Seattle. Dinner cruise tickets sell for $120 per passenger. Luxury Cruiseline's variable cost of providing the dinner is $48 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $270,000 per month. The company's relevant range extends to 15,000 monthly passengers.

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Managerial Accounting

ISBN: 978-0132890540

3rd edition

Authors: Karen W. Braun, Wendy M. Tietz

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