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Suppose Luxury Cruiseline decides to offer two types of dinner cruises: regular cruises and executive cruises. The executive cruise includes complimentary cocktails and a five-course dinner on the upper deck. Assume that fixed expe $406,250 per month and that the following ticket prices and variable expenses apply: Regular Cruise Executive Cruise $ 80 $ 180 Sale price per ticket. $ Variable expense per passenger 30 $ 55 Assume that Luxury Cruiseline expects to sell four regular cruises for every executive cruise. In this mix, the weighted average contribution margin per cruise is $65. Compute the total number of dinner cruises that Luxury Cruiseline must sell to break even. b. Compute the number of regular cruises and executive cruises the company must sell to break even. a. Compute the total number of dinner cruises that Luxury Cruiseline must sell to break even First, enter the formula and then compute the total number of dinner Cruises that Luxury Cruiseline must sell to break-even. (For amounts with a zero balance, make sure to enter "O" in the appropriate cell. Abbreviations used: avg CM = average contribution margin.) Fixed expenses Operating income Contribution margin ratio Break-even units ) 1 b. Compute the number of regular cruises and executive cruises the company must sell to break even. Luxury Cruiseline must sell 1250 regular cruises and 5000 executive cruises to break even Choose from any list or enter any number in the input fields and then continue to the next

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