Business, 06.05.2020 05:14 quinten3700
Funtime Park competes with Slide World by providing a variety of rides. Funtime sells tickets at $ 85 per person as a one-day entrance fee. Variable costs are $ 17 per person, and fixed costs are $ 428,400 per month. Compute Funtime Park's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Funtime Park needs to break even.
Perform a numerical proof to compute the contribution margin per unit.
Answers: 1
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Funtime Park competes with Slide World by providing a variety of rides. Funtime sells tickets at $ 8...
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