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How many tickets must sparkle sell to break even

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Question - Sparkle Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Burlington Air. Sparkle's fixed costs are $27,000 per month. Burlington Air charges passengers $1,000 per round ticket.

Case 1: Sparkle's variable costs are $30 per ticket. Burlington Air pays Sparkle 8% commission on ticket price. How many tickets must Sparkle sell to break even? How many tickets need to be sold to meet the target operating income?

Case 2: Sparkle's variable costs are $26 per ticket. Burlington Air pays Sparkle 8% commission on ticket price. How many tickets must Sparkle sell to break even? How many tickets need to be sold to meet the target operating income?

Case 3: Sparkle's variable costs are $26 per ticket. Burlington Air pays $50 fixed commission per ticket to Sparkle. How many tickets must Sparkle sell to break even? How many tickets need to be sold to meet the target operating income?

Reference no: EM132647882

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