Take – a – Break Travel Company offers spring break travel packages to college students . Two of its packages , a 7- day , 6 – night trip to Cancun…

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Please help me with my accounting homework question because I am having issues finding the answer. Thank you.

Take – a – Break Travel Company offers spring break travel packages to college students . Two of its packages , a 7- day , 6 – night trip toCancun and a 5-day , 4 – night trip to Jamaica , have the following characteristics :Package SpecificationsCancunJamaicaCost DateOceanFront room ; number of nights30 /’ nightMeals :`Breakfasts45/’CELunches5T/EaDinnersO10 / ca$Scuba diving trips$2515 / caWater skiing trips" LIT ,$10 / caAirFare ( round trip From Miami )$ 175 / Cancun ) .$ 250 ( Jamaica )Transportation to and From airport1115 / Cancun ) ,10 ( Jamaica )The Cancun trip sells for $750 , and the Jamaica trip sells for $690 , and both packages allow two bags to be checked for free*Required :`1 . What are the current profit margins on both trips ?"2. Take – a – Break’s management believes that it must drop the price on the Cancun and Jamaica trips to $ 710 and $650 , respectively , inorder to remain competitive in the market . Recalculate profit margins for both packages at these price levels .Complete this question by entering your answers in the tabs below .Required 1Required 2Take – a – Break’s management believes that it must drop the price on the Cancun and Jamaica trips to $ 710 and $ 550 ,respectively , in order to remain competitive in the market . Recalculate profit margins for both packages at these price levels .(Round percentage answers to 1 decimal place . )CancunJamaicaProfit marginProfit margin ( 9/6)9/0

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