S7-1 (similar to) Question Help Classy Cruiseline offers nightly dinner oruises departing from several cities on the eastem coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $80 per passenger. Classy Cruiseline's variable cost of providing the dinner is $40 per passenger, and the fixedi cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $360,000 per month. The company's relevant range extends to 19,000 monthly passengers. Use this information to compute the following a. What is the contribution margin per passenger? b. What is the contribution margin ratio? c. Use the unit contribution margin to project operating income if monthly sales total 16,000 passengers d. Ubo the contribution margin ratio to project operating income if monthly sales revenue totals $775.000. a. What is the contribution margin per passenger? First identify the formula, then compute the contribution margin per passenger. Contribution margin per passenger