Mountain Points operates a Rocky Mountain ski resort. The company is planning its lift...

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Accounting

Mountain Points operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season.
(i)(Click the icon to view the information.)
Read the requirements.
Revenue at market price Less: Total costs
Operating income
(Round the percentage to the nearest hundredth percent, X.XX%.)
Mountain Points's projected operating income (profit) as a percent of assets amounts to %.
Will investors be happy with this profit level?
Requirement 2. Assume Mountain Points has found ways to cut its fixed costs to $29,000,000. What is its new target variable cost per skier/snowboarder?
Complete the following table to calculate Mountain Points' new target variable cost per customer. (Round your final answer to the nearest cent.)
Revenue at market price
Less: Desired profit
Target full cost
Less: Reduced level of fixed costs
Target total variable costs
Divided by number of skiers / snowboarders
Target variable cost per skier / snowboarder
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