User Account

All Pages

Calculate the number of individual tickets

Assignment Help Managerial Accounting
Reference no: EM132812711

WET weekend swim park sells individual and family tickets, with the ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. WET weekend has the following tickets prices and variable costs for 2014 :

Sales price per ticket for individual $30 / sales price per ticket for family $90

variable cost per ticket for individual 15 / variable cost per ticket 60

WET weekend expect to sell 2 individual tickets for every four family tickets.

WET weekend's total fixed costs are $75,000.

Requirements:

Problem 1. Complete the weighted-average contribution margin per ticket.

Problem 2. Calculate the total number of tickets WET weekend must sell to break even .

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

Reference no: EM132812711

Questions Cloud

Calculate the NPV and IRR with and without mitigation : CAPITAL BUDGETING CRITERIA: ETHICAL CONSIDERATIONS - A mining company is considering a new project. Calculate the NPV and IRR with and without mitigation
Opportunity in a fast-changing environment : Discuss the reasons why prescriptive strategy will miss an opportunity in a fast-changing environment.
Prepare grady direct materials budgets : Prepare Grady's Direct materials budgets , direct labor budget, and manufacturing overhead budget for the year. Round direct labor hours needed for production
What reading did you find most interesting and why : What other topics would you have liked to have covered in this course? What reading did you find most interesting and why? How has this course changed your.
Calculate the number of individual tickets : WET weekend swim park, Calculate the number of individual tickets and the number of family tickets the company must sell to break even.
Pros and cons associated with each waterfall and agile sdlc : Outlines the pros and cons associated with each waterfall and Agile SDLC and when to use each. Creates a graphic summary or chart comparing waterfall.
Important on information technology projects : Why do you think good project scope management is so important on information technology projects?
What amount of gain or loss on reclassification : What amount of gain or loss on reclassification should be recognized for 2021? What amount of impairment loss should be recognized for 2020?
What is the project NPV : Project L costs $65,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9%. What is the project's NPV

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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