Question: Use the information from the Luxury Cruiseline Data Set to compute the number of dinner cruise tickets it must sell to break even and the
Use the information from the Luxury Cruiseline Data Set to compute the number of dinner cruise tickets it must sell to break even and the sales dollars needed to break even.
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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