Question: Use the information from the Northern Cruiseline Data Set to compute the following: a. What is the contribution margin per passenger? b. What is the
Use the information from the Northern 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 10,000 passengers.
d. Use the contribution margin ratio to project operating income if monthly sales revenue totals $400,000.
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