High Flying takes tourists on helicopter tours of Hawaii. Each tourist buys a $220 ticket;...

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Accounting

High Flying takes tourists on helicopter tours of Hawaii. Each tourist buys a $220 ticket; the variable costs average $99 per person.
High Flying has annual fixed costs of $653,400.
Required:
A. Compute the average number of tours the company must conduct per month to break even.
B. Compute the average sales revenue needed per month to produce a target average profit of $54,450 per month.
C. Calculate the contribution margin ratio.
Note: Round your answer to 2 decimal places.
D. Determine whether the actions that follow will increase, decrease, or not affect the company's break-even point.
A decrease in tour prices.
The termination of a salaried clerk (no replacement is planned).
A decrease in the number of tours sold.
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