Seabound Cruise Lines has a ship with a capacity of 1,200 passengers. Aseven-day cruise has the following costs: Crew $240,000 60,000 800,000 Fuel Fixed operating costs
Seabound Cruise Lines has a ship with a capacity of 1,200 passengers. Aseven-day cruise has the following costs: Crew $240,000 60,000 800,000 Fuel Fixed operating costs
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![ACC102 Chapter 20 Mini Case - Microsoft Word
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I Normal
T No Spaci.. Heading 1
Heading 2
Title
Subtitle
Subtle Em...
Emphasis
In
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Chapter 20 Mini Case
When math is required, to receive full credit- SHOW YOUR MATH, otherwise you will not receive
credit (even if the answer is correct). You must submit your answer on a word document or
spreadsheet. Hand written responses are not acceptable and will not receive credit. Submit on
Blackboard, if submitted via email or anothersource you willnot receive credit. If submitted late
(afterthe due date and time) you will not receive credit.
Seabound Cruise Lines has a ship with a capacity of 1,200 passengers. A seven-day cruise has the
following costs:
Crew
Fuel
Fixed operating costs
$240,000
60,000
800,000
The variable costs perpassengerforthe seven-day cruise includes the following:
Meals
$900
Variable operating costs
400
The price of the cruise is $2,400 perpassenger.
Required: (show your math to receive partial credit for an incorrect ans
1. Determine the breakeven number of passengers for the seven-day orulse,
2. Assume 900 passengers booked the cruise, What would be the profit on loss for the cruise?
Assume the cruise was booked to capacity. What would be the profit or loss forthe oruise?
If the cruise cannot book enough passengers to breakeven, list three steps Seabound might take
in resolution.
3.
4.
40°F Rai](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4c65e244-f9e6-4ea2-bf91-fe093322ded7%2Faa03162b-119f-4ca5-a5b9-a3d161f119a8%2F7n7r35f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ACC102 Chapter 20 Mini Case - Microsoft Word
AaBbCcD AaBbCcDc AaBbC AaBbCc AaB AaBbCcl AaBbCcD AaBbCcDe A
I Normal
T No Spaci.. Heading 1
Heading 2
Title
Subtitle
Subtle Em...
Emphasis
In
Styles
Chapter 20 Mini Case
When math is required, to receive full credit- SHOW YOUR MATH, otherwise you will not receive
credit (even if the answer is correct). You must submit your answer on a word document or
spreadsheet. Hand written responses are not acceptable and will not receive credit. Submit on
Blackboard, if submitted via email or anothersource you willnot receive credit. If submitted late
(afterthe due date and time) you will not receive credit.
Seabound Cruise Lines has a ship with a capacity of 1,200 passengers. A seven-day cruise has the
following costs:
Crew
Fuel
Fixed operating costs
$240,000
60,000
800,000
The variable costs perpassengerforthe seven-day cruise includes the following:
Meals
$900
Variable operating costs
400
The price of the cruise is $2,400 perpassenger.
Required: (show your math to receive partial credit for an incorrect ans
1. Determine the breakeven number of passengers for the seven-day orulse,
2. Assume 900 passengers booked the cruise, What would be the profit on loss for the cruise?
Assume the cruise was booked to capacity. What would be the profit or loss forthe oruise?
If the cruise cannot book enough passengers to breakeven, list three steps Seabound might take
in resolution.
3.
4.
40°F Rai
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