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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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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
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
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