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How many tours must the company conduct in a month

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Reference no: EM132612226

Seventh Heaven takes tourists on helicopter tours of the Canadian Rockies. Each tourist buys a $150 ticket; the variable costs average $60 per person. Seventh Heaven has annual fixed costs of $702,000.

REQUIRED:

Question A. How many tours must the company conduct in a month to break even?

Question B. Compute the sales revenue needed to produce a target net profit of $36,000 per month.

Question C. Calculate the contribution margin ratio.

Question D. Determine whether the actions that follow will increase, decrease, or not affect the company's break-even point.

Reference no: EM132612226

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