Story Park competes with Splash World by providing a variety of rides. Story sells tickets at $ 50 per person. Variable costs are $ 10 per person & fixed costs are $ 240,000 per month. a. Compute how many tickets Story must sell in order to achieve break even. b. How many tickets must be sold to achieve a profit of $ 60,000.

Story Park competes with Splash World by providing a variety of rides. Story sells tickets at $ 50 per person. Variable costs are $ 10 per person & fixed costs are $ 240,000 per month. a. Compute how many tickets Story must sell in order to achieve break even. b. How many tickets must be sold to achieve a profit of $ 60,000.

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Description: Question No: 03This is a subjective question, hence you have to write your answer in the Text-Field given below.Story Park competes with Splash World by providing a variety of rides. Story sells tickets at $ 50 per person. Variablecosts are $ 10 per

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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