? secure : https://xlitemprod api/v1/print/accounting Student: Thomas Davis Date: 07/10/18 Instructor Shahbar Shahbazi Course: Bus 18 Mentt Online SU 2018 Assignment Ch 7 Homework FunTime Cruselne oftlers nightly dinner cruises departing trom several cities on the eastern coast of the Unted States including Use this nformation to compute the folowing Charleston, Baltimore, and Alexandria Dinner cruse tickets sell for $50 per passenger Funtime Cruseline's variable cost of providing the dinner is $30 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking tees, and a What is the contribution margn per passenger? other expenses) is $210,000 per month The company's relevant range extends to 20,000 monthly passengers b, What is the contribution margin ratio? c. Use the unst contributon margin to peoject operatng income d monthly sales total 17,000 passengers d. Use the contribution margin ratio to project operating income if monthly sales revnue totas $595,000 a. What is the contibution margin per passenger? First identfy the forula, then compute the contribution margn per passenger Contribubion margin per passenger b. What is the contnbution margin rato? (Enter the contribution margin ratio as a whole percent ) First idenbity the formula, then compule the contribution maigin raio Contibution margin ratio contribution margin to project operating income monthly sales total 17,000 passengers c. Use the unt The operating income is s d. Use the contribution m The operating income is S margin rato to project operating income i monthly sales tevenue totals $595 000 O O Varlable cost per passenges O O Contribution margin per passenger O Fixed cost per passenger O Sales price per passenger 3) ? O Variable cost per passenger 4) Variable cost per passenger (2) O O Fixed cost per passenger O Sales price per passenger O Varlable cost per passenger O Flxed cost per passenger O Sales price per passenger O Variable cost per passenger Contritution margin per passenger O Fixed cost per passenger O Sales price per passenger 21 O Type here to search e??@ 0