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9. Storytime Park competes with Daisy World by providing a variety of rides. Storytime sells tickets at $70 per person as a one-day entrance fee.

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9. Storytime Park competes with Daisy World by providing a variety of rides. Storytime sells tickets at $70 per person as a one-day entrance fee. Variable costs are $15 per person, and fixed costs are $371,250 per month. Requirements 1. Compute the number of tickets Storytime must sell to break even. 10. Use the information from problem 9. 1. Compute Storytime Park's Contribution margin ratio. Carry your computations to five decimal places. 2. Use the contribution margin ratio CVP formula to determine the sales revenue Storytime Park needs to break even

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