Solved: Compute the number of tickets story must sell to break even, Accounting Basics

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Compute the number of tickets story must sell to break even

Question:

Computing breakeven point in sales units Story Park competes with Splash World by providing a variety of rides. Story sells tickets at $50 per person as a one-day entrance fee. Variable costs are $10 per person, and fixed costs are $240,000 per month.

Requirement

1. Compute the number of tickets Story must sell to break even. Perform a numerical proof to show that your answer is correct.

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Accounting Basics: Compute the number of tickets story must sell to break even

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Accounting Basics: Compute the number of tickets story must sell to break even

Reference No:- TGS02045927

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