Homework Answers
1.
| Individual | Family | Total | |
| Sale price per ticket | $ 35 | $ 105 | |
| - Variable cost per ticket | $ 25 | $ 100 | |
| Contribution Margin per unit | $ 10 | $ 5 | |
| x Sales mix in units | 2 | 3 | |
| Contribution Margin | $ 20 | $ 15 | $ 35 |
| Weighted-average Contribution Margin per unit | $ 7 |
2. Required sales in units = (Fixed Costs + Target Income) /
Weighted-average contribution margin per unit
= ($19250+0)/7 = 2750 units
3. Break Even Sales = Number of tickets to break even x
Proportion
Individual = 2750 x 2/5 = 1100 tickets
Family = 2750 x 3/5 = 1650 tickets
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