Funtime park competes with splash world by providing a variety of rides. funtime sells tickets at $ 90 per person as a one-day entrance fee. variable costs are $ 18 per person, and fixed costs are $ 464 comma 400 per month. under these conditions, the breakeven point in tickets is 6 comma 450 and the breakeven point in sales dollars is $580 comma 500. read the requirements requirement 1. suppose funtime park cuts its ticket price from $ 90 to $ 72 to increase the number of tickets sold. compute the new breakeven point in tickets and in sales dollars. begin by selecting the formula labels and then entering the amounts to compute the number of tickets funtime must sell to break even under this scenario. (abbreviation used: cm

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?

Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?