The following tickets prices and variable expense apply

Assignment Help Accounting Basics
Reference no: EM13546733

Suppose Flow Cruiselines decides to offer two types of dinner cruise. Regular cruise includes complimentary cocktails and five course dinner on the upper deck assumes that fixed expense remain at $210,000 per month and that the following tickets prices and variable expense apply.
Regular Executive
Sale price per ticket $ 50 $130
Variable expense $ 20 $40

Assuming that Flow Cruiselines expects to sell four regular cruises for every executive cruise, compute the weighted average contribution margin per unit. It is higher or lower than a simple average contribution margin? Why it is higher than the regular cruise contribution margin of $ 30. Why? Will this new sales mix Cruise Flow Cruiselines breakeven point to increase or decrease from what it was when it only sold regular cruises.

Assuming that Flow Cruiselines expect to sell for regular cruises for every one executive cruise, compute the weighted averaged contribution margin per unit. Determine the formula then complete table one section at a time. Round answers to two decimal places.

Reference no: EM13546733

Questions Cloud

An architectural requirement of width of beam : For the beam shown in the following figure, design the beam for the L.L. of 2.25 k/ft and D. L. Of 1.5/ft, the length of beam is 15 ft. fe = 4000 psi and fy = 60000 psi. An architectural requirement of width of beam is 12". Decide depth your..
Ultimate bond strength and development length : What do you understand by ultimate bond strength and development length? Explain briefly.
Determine the equivalent uniform annual cost : Art Arfons, a K-State-educated engineer, has made a considerable fortune. He wishes to start a perpetual scholarship for engineering students at K-State.
Does this allow for a reasonable factor of safety : A footing under a brick pier has dimensions 300mmx300mmx300mm deep. what is the pressure applied to the soil under the above load. How does this compare with an allowable bearing capacity of 100kPa. Does this allow for a reasonable factor of safety.
The following tickets prices and variable expense apply : The following tickets prices and variable expense apply.
The hairdressers be indifferent between the two payments : The hairdressers be indifferent between the two payments options
Briefly explain why you chose each individual : Identify four types of specialists that you would assemble to provide information to help set the materials price and quantity standards. Briefly explain why you chose each individual
Monthly payroll : Monthly payroll
Determine the location e of the shear center : Determine the location e of the shear center, pt. O, for the thin-walled member having the cross section shown. The member segments have the same thickness t.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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