ans a | |||||||||
Fixed cost | 10000000 | ||||||||
i | sale price per ticket | 100 | |||||||
ii | Variable cost per ticket | 50 | |||||||
iii=i-ii | Contribution margin per ticket | 50 | |||||||
Break even ticket = 10000000/50 | 200000 | tickets | |||||||
ans b | required profit = | 10000000 | |||||||
Number of ticket required to sale to have 10mil profit = | 20000000/50 | ||||||||
400000 | tickets | ||||||||
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