Question: Compute unit contribution margin and contribution margin ratio (Learning Objective 1) Use the information from the Bay Cruiseline Data Set to compute the following:}

Compute unit contribution margin and contribution margin ratio (Learning Objective 1) \\ Use the information from the Bay Cruiseline Data Set to compute the following:}

a. What is the contribution margin per passenger?

b. What is the contribution margin ratio (round to five digits)?

c. Use the unit contribution margin to project operating income if monthly sales total 10,000 passengers.

d. Use the contribution margin ratio to project operating income if monthly sales revenue totals $\$ 500,000$.

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