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Question Help Sillytime Park competes with Slide World by providing a variety of rides. Sillytime sells tickets at $90 per person as $464,400 per month.
Question Help Sillytime Park competes with Slide World by providing a variety of rides. Sillytime sells tickets at $90 per person as $464,400 per month. Compute Sillytime Park's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Sillytime Park needs to break even. one-day entrance fee. Variable costs are $18 per person, and fixed costs are compute the contribution margin ratio. (Enter you answer to the nearest percent, X%. ) Begin by selecting the formula labels and then enter the amounts Contribution margin ratio Begin by selecting the formula and then entering the amounts to calculate the sales in dollars Sillytime needs to break even. (Abbreviation used: CM contribution margin. Complete all answer box For items with a zero value, enter "0".) CM ratio Target profit Fixed costs =Required sales in dollars + 464,400 0 %
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