Question: Using the Wild Waters Swim Park information presented, do the following tasks. Requirements 1. Compute the weighted-average contribution margin per ticket. 2. Calculate the total

Using the Wild Waters Swim Park information presented, do the following tasks.
Requirements
1. Compute the weighted-average per ticket.
2. Calculate the total number of tickets Wild Waters must sell to break even.
3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even.
Use the following information to complete Short Exercises.
Wild Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Wild Waters has the following ticket prices and variable costs for 2018:

Wild Waters expects to sell one individual ticket for every four family tickets. Wild Waters's total fixed costs are $27,500?

Individual Family Sales price per ticket $ 50 $ 150 Variable cost per ticket 35 140

Step by Step Solution

★★★★★

3.49 Rating (159 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Requirement 1 Individual Family Total Sales price pe... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

1390-B-M-A-S-O-C-F(4767).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Using the Wet Weekend Swim Park information presented, do the following tasks. Wet Weekend Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages,...

Using the SoakNFun Swim Park information presented, do the following tasks. SoakNFun Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and...

Using the Story Park information presented, do the following tasks. Story Park competes with Splash World by providing a variety of rides. Story Park sells tickets at $ 50 per person as a one-day...

please computer writing because i don't understand hand writing thank you S20-11 Applying sensitivity analysis of changing sales price and variable cost Learning Objective 4 Playtime Park competes...

please computer writing and Clear coordination thanks S20-11 Applying sensitivity analysis of changing sales price and variable cost Learning Objective 4 Playtime Park competes with Water World by...

Refer to the original information (ignoring the changes considered in Short Exercises S21-12 and S21-13). If Funday Park expects to sell 8,100 tickets, compute the margin of safety in tickets and in...

I need 20-17 solve Use the following information to complete Short Esxercises $20-16 and S20-17. Wild Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal,...

of operating leverdy sales increase by 15%. Use the following information to complete Short Exercises $21-16 and 821-17 Wild Waters Swim Park sells individual and family tickets. With a ticket, each:...

This Question: 4 pts 2 of 25 (6 complete) Wild Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming...

Help me solve this pls, thxxx Wild Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Wild...

Jayson works in the finance department at Tommy Toys. His department will be up for its annual audit soon, so his director has tasked him with investigating the challenges facing the company with...

If you buy a nine-month T-bill future, you undertake to buy a three-month bill in nine months? time. Suppose that Treasury bills and notes currently offer the following yields: What is the value of a...

Exercise: Create an undirected weighted graph instance G with a source node S such that the total weight of the shortest path tree from S is 1 0 0 times larger than that of the minimum weight...

Why does saying that people are poor because they do not specialize make more sense than saying that people perform their own services because they are poor? LO1

This problem continues the Daniels Consulting situation from Problem P12-39 of Chapter 12. Daniels decides to raise additional capital for a planned business expansion by issuing 8,000 additional $2...

Use Starbucks Corporation's financial statements to answer the following questions. Visit www.pearsonhighered.com/Horngren to view a link to Starbucks Corporation's Fiscal 2013 Annual Report....

Interest rates determine the present value of future amounts. (Round all numbers to the nearest whole dollar.) Requirements 1. Determine the present value of six-year bonds payable with face value of...

Data Dredgingandp-hackingare umbrella terms for the dangerous practice of automatically testing a large number of hypotheses on the entirety or subsets of a single dataset in order to find...

I need hell for css3/html /* Center Article Styles */ CSS Styles Part 2 Center Article Styles Go to the Center Article Styles section. The article element contains an image and brief description of...

A county now paves its highways using Asphalt A, but is considering switching to the more pricy Asphalt B. (which is reported to be more durable). On 5 different two-lane roadways, the two types of...