Managerial accounting please do all requirements SoakeFun Swim Park sells individual and family tickets....

90.2K

Verified Solution

Question

Accounting

imageManagerial accounting please do all requirements

SoakeFun Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. SoakNFun has the following ticket prices and variable costs for 2018: (Click the loon to view the data.) For 2019, SoakNFun expects a sales mix of one individual ticket for every four family tickets, SoakNFun's total fixed costs are $67,500. Read the requirements. i Requirements Requirement 1. Compute the weighted average contribution margin per ticket. Complete the table below to calculate the weighted average contribution margin. (Round the weighted average contribution margin per unit to Individual Family Total 1. Compute the weighted average contribution margin per ticket. 2. Calculate the total number of tickets SoakNFun 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. Print Done Contribution margin Weighted average contribution margin per unit Data Table Individual Family Sale price per ticket Variable cost per ticket 10 40 Print Done Choose from any list or enter any number in the input fields and then click Check

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students