Explaining sales, and cost changes. You have acquired the following data for Years 1 and 2 for Harry's Horseback Rides.

(Pleas see attachment to view the chart with the data.)

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 per admission.

Explaining sales, and cost changes. You have acquired the following data for Years 1 and 2 for Harry's Horseback Rides. Revenue from Rides Variable Costs of Operations Contribution Margin Year 1 Year 2 Dollar Increase $750,000 100.0% $840,000 100.0% $90,000 495,000 66.0 560,000 66.7 65,000 $255,000 34.0% $280,000 33.3% $25,000 $10 $12 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 per admission