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Story Park competes with Fun World by providing a variety of rides. Story sells tickets at $85 per person as a one-day entrance fee.
Story Park competes with Fun World by providing a variety of rides. Story sells tickets at $85 per person as a one-day entrance fee. Variable costs are $17 per person, and fixed costs are $428,400 per month. Compute Story Park's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Story Park needs to break even Begin by selecting the formula labels and then enter the amounts to compute the contribution margin ratio. (Enter your answer to the nearest percent, X%) Contribution margin ratio % Begin by selecting the formula and then entering the amounts to calculate the sales in dollars Story needs to break even. (Abbreviation used CM contribution margin. Complete all input fields. For items with a zero value, enter "0".) Required sales in dollars Time Remaining: 01:03:44 Next
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