Question
#18 Paint and Sip sells admission tickets for a painting class for $ $45 each. The cost of providing the canvas and supplies is $
#18
Paint and Sip sells admission tickets for a painting class for
$ $45
each. The cost of providing the canvas and supplies is
$ $21
per ticket and the fixed cost of operating the art gallery is
$$40,000
per month. The company can accommodate
5,600
patrons each month. What is the contribution margin per patron?
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
