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Ruben intends to sell his customers a special round-trip airline ticket package. He is able to purchase the package from the airline carrier for...
Ruben intends to sell his customers a special round-trip airline ticket package. He is able to purchase the package from the airline carrier for Rs.150 each. The round-trip tickets will be sold for Rs.200 each and the airline intends to reimburse Ruben for any unsold ticket packages. Fixed costs include Rs.5,000 in advertising costs.
What is the contribution margin per ticket package?
How many ticket packages will Ruben need to sell to break even?
How many ticket packages will Ruben need to sell in order to achieve Rs.60,000 of operating income?
