Anu's Amusement center has collected the following data for operations for the year. ...
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Accounting
Anu's Amusement center has collected the following data for operations for the year.
total revenues 1,890,000
total fixed costs 590,200
total variable variable costs 1,071,000
total tickets sold 63,000
a. What is the average selling price for a ticket?
b. What is the average variable cost per ticket?
c. What is the average contribution margin per ticket?
d. What is the break even point?
e. Anu has decided that unless the operation can earn at least 261,300 in operating profits, she will close it down. What number of tickets must be sold for Anu's Amusements to make a 261,300 operating profit for the year on ticket sales?
( Do not round intermediate calculations )
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