Question: Compute the contribution margin per unit and the number of tickets Story Park must sell to break even. Perform a numerical proof to show that
Compute the contribution margin per unit and the number of tickets Story Park must sell to break even. Perform a numerical proof to show that your answer is correct.
Story Park competes with Splash World by providing a variety of rides. Story Park sells tickets at $ 50 per person as a one-day entrance fee. Variable costs are $ 10 per person, and fixed costs are $ 240,000 per month.
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