Highland Theater applies different pricing for show times: 1. Matinee (before 5pm): Base price 2. Evening (5pm-9pm): Base price + 30% 3. Late night (after 9pm): Base price + 15% If base price is $12 and today's shows had 85 matinee, 140 evening, and 65 late night tickets, find total revenue.
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- Problem is belowCost, Revenue, Profit You decide to begin selling ice cream cones at the local park and swap. Your cost for each ice cream cone is $1.33 plus you have to pay a fixed weekly fee of $240 for the booth. Your plan is to sell each ice cream cone for $2.75. 1. Write an expression to represent your total costs for the week if you sell n ice cream cones. Total Costs: 2. Write an expression to represent the revenue from the sale of n ice cream cones during the week. Revenue: 3. Write an expression that represents the profit for selling n ice cream cones in a given week. Profit: How many ice cream cones must you sell in order to make a positive profit? In order to make a positive profit, you would have to sell Select an answer ice cream cones. ↑What is the selling price of a dining room set at Macy's? Assume actual cost is $840 and 55% markup on selling price. (Round your answer to the nearest cent.) Selling price %$4
- A 6000-seat theater has tickets for sale at $25 and $40. How many tickets should be sold at each price for a sellout performance to generate a total revenue of $172,500? The number of tickets for sale at $25 should beWhat is the selling price of a dining room set at Macy's? Assume actual cost is $800 and 42% markup on selling price. Note: Round your answer to the nearest cent. Selling priceHow do I compute the breakeven point in tickets and in sale dollars? Thrills sells tickets at $50 per person as a one day entrance fee. Variable costs are $28 per person, and fixed costs are $166,500 per month
- You place an order terms of 2/25, net 45. 000 units of Good X at a unit price of $47. The supplier offers a-1. How long do you have to pay before the account is overdue? a-2. If you take the full period, how much should you remit? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b-1. What is the discount being offered? (Enter your answer as a percent.) b-2. How quickly must you pay to get the discount? b-3. If you do take the discount, how much should you remit? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c-1. If you don't take the discount, how much interest are you paying implicitly? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c-2. How many days' credit are you receiving? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)An item has a 29% markup based on selling price. The markup is $400. a. Find the selling price. b. Find the cost. Round to the nearest cent. a. The selling price is $ (Round to the nearest cent as needed.) b. The cost is SGive me answer
- Playtime Park competes with Water World by providing a variety of rides. Playtime sells tickets at $110 per person as a one-day entrance fee. Variable costs are $44 per person, and fixed costs are $412,500 per month. The breakeven number of tickets is 6,250. If Playtime Park expects to sell 6,400 tickets, compute the margin of safety in tickets and in sales dollars.Wild-Water Works Water Park provides for a fun day by offering a variety of rides. Wild-Water Works Water Park sells tickets at $75 per person as a one-day entrance fee. Variable costs per person are $34 and fixed cost amount to $221,100 per month. Wild-Water Works Water Park expects to sell 7,500 tickets. Find break-even first, then compute the margin of safety in tickets and sales in dollars. Net sales revenue per unit - Variable costs per unit = Unit contribution margin 1607 + (Fixed Costs +Target Profit) / Contribution Margin per unit = Required Sales in Units = Expected Sales Break-even sales = Margin of safety in units Margin of safety in units X Sales price per unit = Margin of safety in dollars X ||If BEP in dollars is $730,000, and average sale per customer is $5, then what is the number of customers required per day to break even (assuming a shop is open every day)? Multiple Choice 730 400 4,000 260 520