Question: Discount Airlines is preparing a contribution margin report segmented by route. The following information is available: Atlanta / New York Miami / LANew York /
Discount Airlines is preparing a contribution margin report segmented by route. The following information is available:
Atlanta
New York
MiamiLANew York
ChicagoAverage ticket price per passenger$$$Total passengers servedTotal miles flown
The variable costs per unit are as follows:
Foodbeverage service$ per passengerSelling$ per passengerFuel$ per mileWages$ per mile
What is the contribution margin ratio for the MiamiLA route rounded to one decimal place
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