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Stony Park competes with Water World Ivy providing a variety of rides. Stony Park sells tickets at $50 per person as a one-day entrance fee.
Stony Park competes with Water World Ivy providing a variety of rides. Stony Park sells tickets at $50 per person as a one-day entrance fee. Variable costs arc $10 per person, and fixed costs arc $240,000 per month. Requirements: Compute the contribution margin per unit. Compute the break-even point in tickets and in sales dollars. Compute the contribution margin ratio
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