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Playtime Park competes with Splash World by providing a variety of rides. Playtime sells tickets at $120 per person as a one-day entrance fee
Playtime Park competes with Splash World by providing a variety of rides. Playtime sells tickets at $120 per person as a one-day entrance fee Variable costs are $30 per person, and fixed costs are $585,000 per month. Compute Playtime Park's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Playtime 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 ratio
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