Rocky Mountain Waterpark sells half of its tickets for the regular price of $75. The other half goes to senior citizens and children for the discounted price of $35. Variable cost per guest is $15 for both groups, and fixed costs total $60,000 per month. What is Rocky Mountain’s breakeven point in total guests? Regular guests? Discount guests? 2,000; 1,000; 1,000 800; 400; 400 750; 375; 375 1,500; 750; 750
Rocky Mountain Waterpark sells half of its tickets for the regular price of $75. The other half goes to senior citizens and children for the discounted price of $35. Variable cost per guest is $15 for both groups, and fixed costs total $60,000 per month. What is Rocky Mountain’s breakeven point in total guests? Regular guests? Discount guests? 2,000; 1,000; 1,000 800; 400; 400 750; 375; 375 1,500; 750; 750
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 12EB: Able Transport operates a tour bus that they lease with terms that involve a fixed fee each month...
Related questions
Question
Rocky Mountain Waterpark sells half of its tickets for the regular price of $75. The other half goes to senior citizens and children for the discounted price of $35. Variable cost per guest is $15 for both groups, and fixed costs total $60,000 per month. What is Rocky Mountain’s breakeven point in total guests? Regular guests? Discount guests?
- 2,000; 1,000; 1,000
- 800; 400; 400
- 750; 375; 375
- 1,500; 750; 750
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.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College