Use the information from the Northern Cruiseline Data Set to compute the following a What is the contribution margin per passenger b What is the contribution margin ratio c Use the unit contribution margin to project operating income if monthly sales total 10,000 passengers d Use the contribution m...

a Sales price per passenger 50 Less Variable cost per passenger 20 Contribution margin ...

Use the information from the Northern Cruiseline Data Set to compute the following: a. What is the

Question:

Use the information from the Northern Cruiseline Data Set to compute the following:
a. What is the per passenger?
b. What is the ratio?
c. Use the unit to project operating income if monthly sales total 10,000 passengers.
d. Use the ratio to project operating income if monthly sales revenue totals $400,000.
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...