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Imagination Park competes with Splash World by providing a variety of rides. Imagination sells tickets at $110 per person as a one-day entrance fee. Variable

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Imagination Park competes with Splash World by providing a variety of rides. Imagination sells tickets at $110 per person as a one-day entrance fee. Variable costs are $44 per person, and fixed costs are $412,500 per month. Compute Imagination Park's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Imagination Park needs to break even. 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 Net sales revenue per unitContribution margin ratio 110 r? Begin by selecting the formula and then entering the amounts to calculate the sales in dollars Imagination needs to break even. (Abbreviation used: CM contribution margin. Complete all answer boxes. For items with a zero value, enter "O".) Fixed costsTarget profit/CM ratioRequired sales in dollars 0 412500+

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