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XYZ operates a movie theater. A movie ticket is $17.00 per ticket, and costs nothing. On...

XYZ operates a movie theater. A movie ticket is $17.00 per ticket, and costs nothing. On average 70% of the customers will buy a soda ($6 each, cost $1); 40% will buy food ($6 average price with a cost of $2). The fixed costs are $353,600.

  1. Calculate the break-even quantity and $sales for tickets, soda and food(10 points)  
  2. The theater wishes to make $88,400 profit. Calculate the target profit quantity and sales for tickets, soda and popcorn (10 points)

Make sure to show your weighted average calculations, "bundle" calculations, and final answers.

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