Question: S 7 - 1 . Compute unit contribution margin and contribution margin ratio ( Learning Objective 1 ) Use the information from the FunTime Cruiseline

S7-1. Compute unit contribution margin and contribution margin ratio (Learning Objective 1)
Use the information from the FunTime 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 17,000 passengers.
d. Use the contribution margin ratio to project operating income if monthly sales revenue totals $595,000.

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