Rocky Mountain Waterpark sells half of its tickets for the regular price of $75. The other half go to senior citizens and children for the discounted price of $35. Variable cost per guest is $15 for both groups, and fixed costs total $60,000 per month. What is Rocky Mountain’s breakeven point in total guests? Regular guests? Discount guests? a. 2,000; 1,000; 1,000 b. 800; 400; 400 c. 750; 375; 375 d. 1,500; 750; 750
Rocky Mountain Waterpark sells half of its tickets for the regular price of $75. The other half go to senior citizens and children for the discounted price of $35. Variable cost per guest is $15 for both groups, and fixed costs total $60,000 per month. What is Rocky Mountain’s breakeven point in total guests? Regular guests? Discount guests? a. 2,000; 1,000; 1,000 b. 800; 400; 400 c. 750; 375; 375 d. 1,500; 750; 750
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Rocky Mountain Waterpark sells half of its tickets for the regular price of $75. The other half go to senior citizens and children for the discounted price of $35. Variable cost per guest is $15 for both groups, and fixed costs total $60,000 per month. What is Rocky Mountain’s breakeven point in total guests? Regular guests? Discount guests?
a. 2,000; 1,000; 1,000
b. 800; 400; 400
c. 750; 375; 375
d. 1,500; 750; 750
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