Live It Cruiseline offers nightly dinner cruises departing from several cities on the East Coast of the Use this information to compute the following: United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $60 per passenger. Live It Cruiseline's variable cost of providing the dinner is $30 per passenger, and the fixed a. What is the contribution margin per passenger? cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $270,000 b. What is the contribution margin ratio? per month. The company's relevant range extends to 18,000 monthly passengers. c. Use the unit contribution margin to project operating income if monthly sales total 15,000 passengers. d. Use the contribution margin ratio to project operating income if monthly sales revenue totals $595,000. a. What is the contribution margin per passenger? First identify the formula, then compute the contribution margin per passenger. 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. c. Use the unit contribution margin to project operating income if monthly sales total 15,000 passengers. The operating income is d. Use the contribution margin ratio to project operating income if monthly sales revenue totals $595,000. The operating income is