You have acquired the following data for Years 1 and 2 for Harry's Horseback Rides.

Write a short report to Harry's uncle who loaned Harry the money to start this business. Explain the cause of the increase in total contribution margin between Year 1 and Year 2. Your report should consider the effect of each of the following: change in price per person per hour, change in volume, and change in operating costs peradmission.

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Dollar Increase Year 1 Year 2 $90,000 65,000 $750,000 100.0% $840,000 100.0% Revenue from Rides Variable Costs of Operations.4 Contribution Margin Price per Person per Hour 95,000 66.560,000 66.7 33.3% $25,000 $280,000 $12 34.0% $255,000 S10