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If Rocky Mountain Railway's fixed costs total $45,000 per month, the variable cost per passenger is $20, and tickets sell for $50, what is the
If Rocky Mountain Railway's fixed costs total $45,000 per month, the variable cost per passenger is $20, and tickets sell for $50, what is the contribution margin per unit and contribution margin ratio? A. $20 per passenger; 40% B. $30 per passenger; 60% C. $20 per passenger; 60% D. $30 per passenger; 40%
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