Calculating breakeven point for two products
Refer to Short Exercise 19-10. For 2013, Wet Weekend expects a sales mix of two individual tickets for every three family tickets.
Requirements
1. Compute the new weighted-average contribution margin per ticket.
2. Calculate the total number of tickets Wet Weekend must sell to break even.
3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even.