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Calculate the break-even quantity and sales for tickets

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Question - XYZ operates a movie theater. A movie ticket is $16.00 per ticket, and costs nothing. On average 40% of the customers will buy a soda ($6 each, cost $1); 60% will buy food ($6 average price with a cost of $2). The fixed costs are $387,600.

1. Calculate the break-even quantity and sales for tickets, soda and food.

2. The theater wishes to make $96,900 profit. Calculate the target profit quantity and sales for tickets, soda and popcorn.

Reference no: EM132545666

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