H FunTime Cruiseline offers nightly dinner cruises departing from several cities on the East Coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $50 per passenger. FunTime Cruiseline's variable cost of providing the dinner is $30 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $210,000 per month. The company's relevant range extends to 20,000 monthly passengers. Supe from State Dinne Cruis perp vesse exper releve a. What is the contribution margin per passenger? First identify the formula, then compute the contribution margin per passenger. Sales price per passenger Variable cost per passenger Contribution margin per passenger $ 50 30 20 $ expec projec total Tota $ $ b. What is the contribution margin ratio? (Enter the contribution margin ratio as a whole percent.) First identify the formula, then compute the contribution margin ratio. Contribution margin per passenger Sales price per passenger - Contribution margin ratio $ 20 50 c. Use the unit contribution margin to project operating income it monthly sales total 17,000 passengers. The operating income is $ 130,000 40 % d. Use Manas When sales total below total d. Use the contribution margin ratio to project operating income if monthly sales revenue totals $595,000 The operating income is Tota $