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Calculate the number of individual tickets

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Reference no: EM132812711

WET weekend swim park sells individual and family tickets, with the ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. WET weekend has the following tickets prices and variable costs for 2014 :

Sales price per ticket for individual $30 / sales price per ticket for family $90

variable cost per ticket for individual 15 / variable cost per ticket 60

WET weekend expect to sell 2 individual tickets for every four family tickets.

WET weekend's total fixed costs are $75,000.

Requirements:

Problem 1. Complete the weighted-average contribution margin per ticket.

Problem 2. Calculate the total number of tickets WET weekend must sell to break even .

Problem 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even.

Reference no: EM132812711

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