Question 3(2 points)

A store has been selling a special starter Wakeboard kit for $500.00, providing the store with a 40% contribution margin. For staff, the store will sell the Wakeboard kit for $385.00. What % above the stores cost-base is a staff member able to purchase the starter Wakeboard kit?

Question 3 options:46%32%16%28%

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Question 4(2 points)

The students association for business students at Talladega college wanted to organize a trip to Canada's Wonderland. The association is creating a 2-night, 3-day trip package. The will include two one day passes for Canada's Wonderland, 2 nights of accommodation and 3 days of meals. Transportation will cost $25 per person. It will cost the student association $45 per-person per-night for accommodations, and $32 per-person per-day for meals. Additionally, the cost of the Canada's Wonderland passes is $50 per person per day. The association will spend $2,000 on advertising in the campus paper. The association will also pay $250 for printing flyers and $100 per week for 20 weeks for online advertising. If the association expects 90 students, what is the total variable costs?

Question 4 options:$311$25,740$465$27,990