Anus Amusement center has collected the following data for operations for the year
Total revenues $800,000
Total fixed costs $218,750
Total variable costs $450,000
Total tickets sold $50,000
Required
a. What is the average selling price for a ticket?
b. What is the average variable cost per ticket ?
c. What is the average contribution margin per ticket?
d. What is the break-even point?
e. Anu has decided that unless the operation can earn at least $43,750 in operating profits, she will close it down. What number of tickets must be sold for anus amusements to make a $43,750 operating profit for the year on ticket sales?