Bonita Tours, a tour organizer, leased a cruise liner for a special around-the-world tour. The lease cost is $231,400. Two classes of passengers are booked on the tour: first class and economy class. The total revenue from the 100 first-class passengers is $191,765 and from the 200 economy-class passengers is $198,255. Other costs for the two classes of passengers amount to $28,520 for first class and $35,010 for economy class. (a) Your answer is correct. How much of the lease cost will be allocated to first-class passengers if the net realizable value method is used? Lease cost allocated to first-class passengers 115,700 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 1 of 3 used (b) x Your answer is incorrect. Try again. What is the contribution margin generated by first-class passengers