Question: Use the information from the FunTime Cruiseline Data Set. Suppose FunTimeCruiseline decides to offer two types of dinner cruises: regular cruises and executive cruises. The

Use the information from the FunTime Cruiseline Data Set. Suppose FunTimeCruiseline decides to offer two types of dinner cruises: regular cruises and executive cruises. The executive cruise includes complimentary cocktails and a five-course dinner on the upper deck. Assume that fixed expenses remain at $210,000 per month and that the following ticket prices and variable expenses apply:Other faBK Regular CruiseExecutive CruiseSales price per ticket$50$100Variable expense per passenger$30$ 40487Assuming that FunTime Cruiseline expects to sell four regular cruises for every executive cruise, compute the weighted-average contribution margin per unit.Is it higher or lower than a simple average contribution margin? (A simpl average is calculated by adding both contribution margins per passenger together and dividing by two.) Why? Is it higher or lower than the regular cruise contribution margin calculated in S7-1? Why? Will this new sales mix

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