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Rainbow Travel Agency specializes in fights between Toromo and Jamaica it books passengers on Georgetown Ar. Rainbow's fixed costs aro \$21.000 per month. Geargetown Air charges passengers $1.200 per round-trip bicket Rect the reminemaet Begin by selecting the formula to calculate the breakeven points Bieakoven number of unins = Next select the formula to calculate the number of tickets noeded to meer the target operating income. Ounisty of units required to be sold Now camplepe the requirement for each of the cases. Begin with case 1 . Case 1: Rainbows variable costs are $36 per tocket Georgetown Ar pays Rainbow 8% cormistion on ticket price. Fanbow must soli tekets to breake even and tickets to meet the Case 2: Raintow/s variable costs aie 526 per ticketi Georpotown Air poys Rainbow 8s: Rainbow must suti tickets to break erren and sckets 10 meet the Requirement Calculate the number of lickets frainbow must sol each month to (a) break even and (b) make a target operatng incoene of $16,000 per month in each of the following independent cases. (filound up to the flearest whoth number For example, 102 should be rounded up to -11? 1. Rainbow's variable costs are $36 - per bcket Georgetosn Asr pays Rainbow Bs comrenision on tictet price. 2. Ranbow's variable coss ace $20 per ticket Georgetown Aly puss Rainbow as. commission on ticket price. 3. Rembow's variable costs are 326 per ticket. Georgetown Air pays 346 tued

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