Question 3 Breakeven Anatysis 40 marks Jeff's Ski Resort offers a weekend package for $1,500 per person The package includes rooms for two nights, three breakfasts, three lunches and two dinners. It also includes ski lift tickets for the weekend. He estimates that of the packages he sells, 75% of them will eat breakfast, 80% will eat lunch and 95% will eat dinner A beverage will be served with every meal. Alcoholic beverages will be sold separately and it is anticipated 35% of the attendees will consume an average of three drinks for two days. His fixed operating costs for each of the operations for the weekend are as follows: Accomodation: How many weekend packages (single) must he sell to break even? 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. q. q. q. If he wanted to earn $17,000 each weekend, how many weekend packages must he sell? 9. 9 9 9 9 9 9 9 9
Question 3 Breakeven Anatysis 40 marks Jeff's Ski Resort offers a weekend package for $1,500 per person The package includes rooms for two nights, three breakfasts, three lunches and two dinners. It also includes ski lift tickets for the weekend. He estimates that of the packages he sells, 75% of them will eat breakfast, 80% will eat lunch and 95% will eat dinner A beverage will be served with every meal. Alcoholic beverages will be sold separately and it is anticipated 35% of the attendees will consume an average of three drinks for two days. His fixed operating costs for each of the operations for the weekend are as follows: Accomodation: How many weekend packages (single) must he sell to break even? 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. 9. q. q. q. If he wanted to earn $17,000 each weekend, how many weekend packages must he sell? 9. 9 9 9 9 9 9 9 9
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter2: Financial Statements And The Annual Report
Section: Chapter Questions
Problem 2.2E: The Operating Cycle Two Wheeler Cycle Shop buys all of its bikes from one manufacturer, Baxter...
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