24) Sweet Treats sells ice cream cones for $4.25 per customer. Variable costs are $1.25 per cone. Fixed costs are $3300 per month. What is the company's contribution margin ratio? A) 29 41% B)3% C) 240% DJ 70.59% 25) Sweet Treats sells ice cream cones for $4.00 per customer. Variable costs are $1.25 per cone. Fixed costs are $2800 per month. What is the company's contribution margin per ice cream cone? A) $1.25 B) $2.75 C) $1.50 D) $4 27) Crazy Coasters Amusement Park sells admission tickets for $60 per person for one visit. Variable costs are $30 per visitor and fixed costs are $60,000,000 per month. The company's relevant range extends to 1,900,000 visitors per month. What is Crazy Coaster's projected operating income if 1,760,000 visitors come to the park during the month? A) $1,600,000 B) $61,600,000 C) $114,400,000 D) 554,400,000 50) William's Steel had the following fixed costs Fixed manufacturing costs Fixed marketing costs Fixed administrative costs $1,108,000 $140,000 $300,000 I The company also had the following variable costs Variable manufacturing costs Vartable marketing costs Variable administrative costs $1,960,000 $ 60,000 $ 95,000 During the year, the company produced and sold 55,000 units of the product at a selling price of $100.00 per unit. The company had no inventory at the beginning of the year Required: Prepare a contribution margin income statement for the year