plashtime is adding the option for a customer to purchase a ticket for $100 which would include a 2-day admission. The variable costs per person would be $68. Fixed costs would remain the same at $226,800. The following data is given below: Sales Variable Expenses Contribution Margin Fixed Expenses Net Operating Income What are total break-even sales? Multiple Choice $378.000 $453,600 One-day ticket $900,000 $360.000 $540,000 $1,400.000 Two-day ticket $500,000 $340.000 $160,000 Total $1,400,000 $700.000 $700,000 $226.800 $473.200
plashtime is adding the option for a customer to purchase a ticket for $100 which would include a 2-day admission. The variable costs per person would be $68. Fixed costs would remain the same at $226,800. The following data is given below: Sales Variable Expenses Contribution Margin Fixed Expenses Net Operating Income What are total break-even sales? Multiple Choice $378.000 $453,600 One-day ticket $900,000 $360.000 $540,000 $1,400.000 Two-day ticket $500,000 $340.000 $160,000 Total $1,400,000 $700.000 $700,000 $226.800 $473.200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Only type answer
Explain step by step
![Splashtime is adding the option for a customer to purchase a ticket for $100 which would include a 2-day admission. The variable costs per person
would be $68. Fixed costs would remain the same at $226,800. The following data is given below:
Sales
Variable Expenses
Contribution Margin
Fixed Expenses
Net Operating Income
Multiple Choice
What are total break-even sales?
$378,000
$453,600
One-day ticket
$900,000
$1,400,000
$360,000
$540,000
Two-day ticket
$500,000
$340,000
$160,000
Total
$1,400,000
$700.000
$700,000
$226.800
$473,200](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fef6169ff-5d89-47b5-b5fc-b7e16111518c%2F9f48064d-1a3a-4477-a06a-7fd227b568cf%2F81tgdem_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Splashtime is adding the option for a customer to purchase a ticket for $100 which would include a 2-day admission. The variable costs per person
would be $68. Fixed costs would remain the same at $226,800. The following data is given below:
Sales
Variable Expenses
Contribution Margin
Fixed Expenses
Net Operating Income
Multiple Choice
What are total break-even sales?
$378,000
$453,600
One-day ticket
$900,000
$1,400,000
$360,000
$540,000
Two-day ticket
$500,000
$340,000
$160,000
Total
$1,400,000
$700.000
$700,000
$226.800
$473,200
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education