User Account

All Pages

Compute the weighted-average contribution margin per ticket

Assignment Help Financial Accounting
Reference no: EM13527365

Calculating weighted-average contribution margin

Wet Weekend Swim Park sells individual and family tickets, which include a meal, three beverages, and unlimited use of the swimming pools. Wet Weekend has the following ticket prices and variable costs for 2012:

Individual

Family

Sale price per ticket

$ 30

$ 90

Variable cost per ticket

15

60

Wet Weekend expects to sell two individual tickets for every four family tickets. Wet Weekend's total fixed costs are $75,000.

Requirements

1. Compute the weighted-average contribution margin per ticket.

2. Calculate the total number of tickets Wet Weekend must sell to break even.

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

Reference no: EM13527365

Questions Cloud

Obtain the magnitude of initial acceleration of third sphere : Three uniform spheres are located at the corners of an equilateral triangle. Each side of the triangle has a length of 1.40 m. obtain the magnitude of the initial acceleration of the third sphere
Prepare two contribution margin income statements : Calculate the contribution margin ratio and prepare two contribution margin income statements: one at the $245,000 leveland one at the $364,000 level.
Calculate the tension in the cable attached to the chair : A "swing" ride at a carnival consists of chairs that are swung in a circle by L = 14.2 m cables attached at an angle of ? = 62.7° to a vertical rotating pole. Calculate the tension in the cable attached to the chair
How to calculate delta h in kj for the rxn : Assuming the specific heat os the solution is 4.18 (J/gC), that its density is 1 g/ml, and that the calorimeter itself absorbs a negligibkle ammount of heat, calculate delta H in kJ for the rxn
Compute the weighted-average contribution margin per ticket : Compute the weighted-average contribution margin per ticket and calculate the total number of tickets Wet Weekend must sell to break even.
Find the electric field strength between the plates : A doubly charged ion is accelerated to an energy of 27.0 keV by the electric field between two parallel conducting plates separated by 2.30 cm
Ip addresses could not be assigned to the router : IP addresses could not be assigned to the router's Fa0/0 interface?
Many of the tissues will split or even be shed : In a tree undergoing secondary growth, many of the tissues will split or even be shed, due to the increase in girth of the stem. Which tissues will be affected in this way? It they are lost, how will replacements be made?
Compute the new weighted-average contribution margin : Compute the new weighted-average contribution margin per ticket and calculate the total number of tickets Wet Weekend must sell to break even.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd