Manatee Tours sells a ticket for a boat trip on Floridas Crystal River for $50....

70.2K

Verified Solution

Question

Accounting

Manatee Tours sells a ticket for a boat trip on Floridas Crystal River for $50. Variable costs are $20, and the company has fixed costs that amount to $45,000 per month. Calculate the volume of sales (in tickets sold) necessary to produce a target profit of $15,000 per month.

I need help, can you show the calculations please

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