Exercise S4-4 (pg 214) CVP Analysis - Target Profit Royal Hellenic Cruiseline offers nightly dinner...
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Exercise S4-4 (pg 214) CVP Analysis - Target Profit Royal Hellenic Cruiseline offers nightly dinner cruises off the coast of Nanaimo and Victoria Dinner cruise tickets sell for $60 per passenger. Royal Hellenic Cruiseline's variable cost of providing the dinner is $20 per passenger, and the fixed cost of operating the vessels depreciation, salaries, docking fees, and other expenses) is $210,000 per month. The company's relevant range extends to 15,000 monthly passengers. If Royal Hellenic Cruiseline has a target operating income of $80,000 per month, how many dinner cruise tickets must the company sell
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