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

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Funday Park competes with Cool World by providing a variety of rides. Funday Park sells tickets at $70 per person as a one-day entrance fee. Variable costs are $42 per person, and fixed costs are $170,800 per month Compute Funday Park's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Funday Park needs to break even. 28% Begin by selecting the formula labels and then enter the amounts to compute the contribution margin ratio. (Enter you answer to the nearest percent, X%) Contribution margin per unit Variable costs per unit Contribution margin ratio 70 42 Begin by selecting the formula and then entering the amounts to calculate the sales in dollars Funday needs to break even (Abbreviation used CM = contribution margin. Complete all input fields. For items with a zero value, enter *0%) - Required sales in dollars %

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