Question 3 Breakeven Anatysis 40 marks Jeff's Ski Resort offers a weekend package for $1,500 per personThe package includes rooms for two nights, three breakfasts, three lunches and two dinners. It alsoincludes ski lift tickets for the weekend. He estimates that of the packages he sells, 75% of them will eatbreakfast, 80% will eat lunch and 95% will eat dinner A beverage will be served with every meal. Alcoholicbeverages will be sold separately and it is anticipated 35% of the attendees will consume an average ofthree drinks for two days. His fixed operating costs for each of the operations for the weekend are asfollows: Accomodation: How many weekend packages (single) must he sell to break even?9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. q. q. q. If he wanted to earn $17,000 each weekend, how manyweekend packages must he sell?9. 9 9 9 9 9 9 9 9

Break-even Analysis for Jeff's Ski ResortWe can solve this problem by setting up a break-even…

Answered: Question 3 Breakeven Anatysis 40 marks…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter12: Differential Analysis And Product Pricing

Section: Chapter Questions

Problem 12.3C

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Take-a-Break Travel Company offers spring break travel packages to college students. Two of its packages, a 7-day, 6-night trip to Cancun and a 5-day, 4-night trip to Jamaica, have the following characteristics: Package Specifications Oceanfront room; number of nights Meals: Breakfasts Lunches Dinners Scuba diving trips Water skiing trips Airfare (round trip from Miami) Transportation to and from airport Required 1 Cancun Jamaica 6 4 Required 2 Profit margin Profit margin (%) 69634 Cancun 7 $340 (Cancun), $500 (Jamaica) $46 (Cancun), $58 (Jamaica) The Cancun trip sells for $2,000, and the Jamaica trip sells for $1,760, and both packages allow two bags to be checked for free. % 1
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