Thrills Amusement Park provides a variety of attractions. Thrills sells tickets at $50 per person as a one-day entrance fee. Variable costs are $28 per person, and fixed costs are $178,800 per month. Assume that Thrills reduces fixed costs from $178,800 per month to $166,500 per month. Compute the new breakeven point in tickets and in sales dollars. $376,445 $378,450 $411,350 $395,200
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4.
Thrills Amusement Park provides a variety of attractions. Thrills sells tickets at $50 per person as a one-day entrance fee. Variable costs are $28 per person, and fixed costs are $178,800 per month.
Assume that Thrills reduces fixed costs from $178,800 per month to $166,500 per month. Compute the new breakeven point in tickets and in sales dollars.
$376,445 |
||
$378,450 |
||
$411,350 |
||
$395,200 |
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- Wild-Water Works Water Park provides for a fun day by offering a variety of rides. Wild-Water Works Water Park sells tickets at $75 per person as a one-day entrance fee. Variable costs per person are $34 and fixed cost amount to $221,100 per month. Wild-Water Works Water Park expects to sell 7,500 tickets. Find break-even first, then compute the margin of safety in tickets and sales in dollars. Net sales revenue per unit - Variable costs per unit = Unit contribution margin 1607 + (Fixed Costs +Target Profit) / Contribution Margin per unit = Required Sales in Units = Expected Sales Break-even sales = Margin of safety in units Margin of safety in units X Sales price per unit = Margin of safety in dollars X ||Playpals Park competes with Slide World by providing a variety of rides. Playpals Park sells tickets at $70 per person as a one-day entrance fee. Variable costs are $28 per person, and fixed costs are $258,300 per month. Under these conditions the breakeven point in tickets is 6,150 and in sales dollars is $430,500. Suppose Playpals Park increases fixed costs from $258,300 per month to $304,500 per month. Compute the new breakeven point in tickets and in sales dollars. Begin by selecting the formula labels and then entering the amounts to compute the number of tickets Playpals must sell to break even if its fixed costs are increased to $304,500. (Abbreviation used: CM = contribution margin. Complete all answer boxes. For items with a zero value, enter "0".) ) = = G Required sales in unitsWild-Water Works Water Park provides for a fun day by offering a variety of rides. Wild-Water Works Water Park sells tickets at $74 per person as a one-day entrance fee. Variable costs per person are $34 and fixed cost amount to $222,300 per month.Wild-Water Works Water Park expects to sell 7,900 tickets. Find break-even first, then compute the margin of safety in tickets and sales in dollars.
- Wild-Water Works Water Park provides for a fun day by offering a variety of rides. Wild-Water Works Water Park sells tickets at $70 per person as a one-day entrance fee. Variable costs per person are $26 and a fixed cost amount to $217,700 per month.(Round your answers to two decimal places when needed and use rounded answers for all future calculations).1. Compute the new contribution margin per unit and the contribution margin ratio if Wild-Water Works Water Park increase its variable costs to $30.How do I compute the breakeven point in tickets and in sale dollars? Thrills sells tickets at $50 per person as a one day entrance fee. Variable costs are $28 per person, and fixed costs are $166,500 per monthWild-Water Works Water Park provides for a fun day by offering a variety of rides. Wild-Water Works Water Park sells tickets at $69 per person as a one-day entrance fee. Variable costs per person are $24 and a fixed cost amount to $236,300 per month. (Round your answers to two decimal places when needed and use rounded answers for all future calculations). 1. Compute the new contribution margin per unit and the contribution margin ratio if Wild-Water Works Water Park cuts it ticket price to $40 per person. Net Sales revenue per unit Contribution margin / Net sales revenue = Contribution margin ratio (%) (Fixed Costs 2. Find the break-even point in units and in dollars using the contribution margin approach. (Reminder to write answer in whole units). + Variable costs per unit = Unit Contribution margin (Fixed Costs + Target Profit) / (Contribution Margin per unit) + + Target Profit) 1 = = 1 / (Contribution Margin ratio %) = = Required Sales in Units Required Sales in Dollars
- Playtime Park competes with Water World by providing a variety of rides. Playtime sells tickets at $110 per person as a one-day entrance fee. Variable costs are $44 per person, and fixed costs are $412,500 per month. The breakeven number of tickets is 6,250. If Playtime Park expects to sell 6,400 tickets, compute the margin of safety in tickets and in sales dollars.Wild-Water Works Water Park provides for a fun day by offering a variety of rides. Wild-Water Works Water Park sells tickets at $80 per person as a one-day entrance fee. Variable costs per person are $34 and fixed cost amount to $138,000 per month. Wild-Water Works Water Park expects to sell 7,100 tickets. Estimate the operating income if sales increase by 15%. Calculate the degree of operating leverage. (Round your answers to two decimal places when needed and use rounded answers for all future calculations.) Contribution Margin / Operating Income = Decree of Operating Leverage Percent change in Sales Revenue (%) Operating Income X X X X Degree of operating leverage Percent change in operating income (%) = = Percent change in operating income (%) Dollar change in operating incomeWild-Water Works Water Park provides for a fun day by offering a variety of rides. Wild-Water Works Water Park sells tickets at $79 per person as a one-day entrance fee. Variable costs per person are $33 and fixed cost amount to $131,000 per month.Wild-Water Works Water Park expects to sell 7,300 tickets. Estimate the operating income if sales increase by 15%.Calculate the degree of operating leverage.(Round your answers to two decimal places when needed and use rounded answers for all future calculations.)
- Sillytime Park competes with Summer World by providing a variety of rides. Sillytime Park sells tickets at $60 per person as a one-day entrance fee. Variable costs are $24 per person, and fixed costs are $226,800 per month. The breakeven number of tickets is 6,300. If Sillytime Park expects to sell 8,050 tickets, compute the degree of operating leverage (round to two decimal places). Estimate the operating income if sales increase by 20%. C Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage for Sillytime Park. (Round the degree of operating leverage to two decimal places, X.XX.) Degree of operating leverageMusicLand Theme Park has an average daily admission price of $60 per guest. The following financial data are available for analysis: Daily operating fixed costs $750,000 Variable daily operating cost per guest 24 Average daily concession revenue per guest 30 Average daily variable cost of concession items per guest 16 Additional operating data indicate that the park averages 24,000 daily guests during the weekdays and 40,000 average daily guests on Saturdays and Sundays. a. Determine the break-even number of guests per day at the theme park.fill in the blank 1 guests per day b. How much profit does MusicLand earn on an average weekday?$fill in the blank 2 c. How much profit does MusicLand earn on an average weekend day?$fill in the blank 3 d. Determine the revised break-even if the daily fixed costs increased to $1,000,000.20000 guests per day e. Would the theme park still remain profitable for an average weekday under the scenario in (d)?The average daily…MusicLand Theme Park has an average daily admission price of $60 per guest. The following financial data are available for analysis: Daily operating fixed costs $750,000 Variable daily operating cost per guest 24 Average daily concession revenue per guest 30 Average daily variable cost of concession items per guest 16 Additional operating data indicate that the park averages 24,000 daily guests during the weekdays and 40,000 average daily guests on Saturdays and Sundays. a. Determine the break-even number of guests per day at the theme park.fill in the blank 1 guests per day b. How much profit does MusicLand earn on an average weekday?$fill in the blank 2 c. How much profit does MusicLand earn on an average weekend day?$fill in the blank 3 d. Determine the revised break-even if the daily fixed costs increased to $1,000,000.fill in the blank 4 guests per day e. Would the theme park still remain profitable for an average weekday under the scenario in (d)?The average…