Great Cruiseline offers nightly dinner Cruises departing from several cities on the eastern coast of the United States including Charleston, Baltimore, and Alexandria Dinner Cruise tickets sel for $50 per passenger. Great Cruiseline's variable cost of providing the dinner is $20 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $270,000 per month. The company's relevant range extends to 16,000 monthly passengers Use this information to compute the following a. What is the contribution margin per passenger? b. What is the contribution margin ratio? c. Use the unit contribution margin to project operating income il monthly sales total 13,000 passengers d. Use the contribution margin ratio to project operating income if monthly sales revenue total $520,000 a. What is the contribution margin per passenger? First identify the formula, then compute the contribution margin per passenger = Contribution margin per passenger Edger Dry Cleaners has determined the following about its costs: Total variable expenses are $38,000 total foxed expenses are $32,000, and the sales revenue needed to break even is $40.000 Determine the company's current 1) sales revenue and 2) operating income. (Hint: First, find the contribution margin ratio, then prepare the contribution margin income statement.) Use the contribution margin income statement and the shortout contribution margin approaches to determine Edger's current (1) sales revenue and (2) operating income. Begin by computing the contribution margin ratio (Enter the result as a whole number) The contribution margin ratio is