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Mr. Kamal is planning to set up a mini Zoo in Amwaj Islands. $25 per...

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Accounting

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Mr. Kamal is planning to set up a mini Zoo in Amwaj Islands. $25 per person will be the price for visiting the zoo. In addition, the variable costs per visitor will be $9 and total fixed costs are expected to be $200,000. Assume that the estimated number of visitors would be 18,000 persons. REQUIRED: (a) Calculate the number of visitors needed for achieving: "1) Breakeven (and also its dollar amount) 1) A profit of $30,000 (b) Calculate the Margin of Safety in units

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