EXERCISE 6-11 (30 MINUTES)

2. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH06 COST VOLUME PROFIT RELATIONSHIPS
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH06 COST VOLUME PROFIT RELATIONSHIPS

2. Variable cost per person ($18 + $2) ... $20

Fixed cost per person ($6,000 ÷ 300 persons).... 20

Ticket price per person to break even ... $40