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Cave Moles (CM) is a group of enterprising Monash College graduates who provide a cave...

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Accounting

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Cave Moles (CM) is a group of enterprising Monash College graduates who provide a cave exploring experience in the Buchan caves. The CM members have been wondering whether their operation has been profitable. They have been able to furnish you with the following information detailing last years results. Fixed Costs $ 8,000.00 Variable Costs $ 2,500.00 The contribution margin per trip (unit) $ 2,000.00 The contribution ratio 80% No of passengers per trip 10 $ You are required to provide the CM crew with the following answers. Do not use $ signs, spaces, commas, or decimals in your answer. The breakeven sales ($) If required round UP to the nearest dollar. The number of trips to breakeven. If required round UP to the nearest unit The profit/-loss made last year. (A "-" must be placed at the beginning of any $ losses) Ticket price charged per passenger per $ trip $

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