Anu's Amusement Center has collected the following data for operations for the year:
| Total revenues |
$ |
1,769,000 |
| Total fixed costs |
$ |
601,900 |
| Total variable costs |
$ |
976,000 |
| Total tickets sold |
|
61,000 |
Required:
a. What is the average selling price for a ticket?
b. What is the average variable cost per ticket?
c. What is the average contribution margin per ticket? (Do not round intermediate calculations.)
d. What is the break-even point? (Do not round intermediate calculations.)
e. Anu has decided that unless the operation can earn at least $223,600 in operating profits, she will close it down. What number of tickets must be sold for Anu's Amusements to make a $223,600 operating profit for the year on ticket sales? (Do not round intermediate calculations.)