Question

Compute Playtime Park’s contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Playtime Park needs to break even.
Playtime Park competes with Water World by providing a variety of rides. Playtime Park sells tickets at $60 per person as a one-day entrance fee. Variable costs are $24 per person, and fixed costs are $226,800 per month.


$1.99
Sales1
Views61
Comments0
  • CreatedJune 15, 2015
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