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Hickory Point Amusement Park sells admission tickets for $50 per person for one visit. Variable cost

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Hickory Point Amusement Park sells admission tickets for $50 per person for one visit. Variable cost

Hickory Point Amusement Park sells admission tickets for $50 per person for one visit. Variable costs are $15 per visitor and fixed costs are $60,000,000 per month. The company's relevant range extends to 2,000,000 visitors per month. What is Hickory Point's projected operating income if 1,750,000 visitors come to the park during the month?
A) $61,250,000
B) $1,250,000
C) $87,500,000
D) $27,500,000

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Managerial Accounting

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bernie2981 Author

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8 years ago

Answers my question perfectly.

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