The cruise boat can carry up to 45 passengers. The company wants to know the minimum number of passengers needed per cruise to c
over its costs. This number is called the break-even point. A formula for calculating the break-even point is: Break-even point = (fixed costs) ÷ (income per passenger – costs per passenger) The company collects the following data: N3402-WhaleWatch.png fixed price costs Crew salaries 350 fuel 120 overheads 170 Variable costs per passenger refreshments $ 6.50 refund $ 3.64 Sales income Average ticket $ 36 .40
