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storytime Park competes with Fun World by providing a variety of rides. Storytime sells tickets at $100 per person as a ne-day entrance fee. Variable
storytime Park competes with Fun World by providing a variety of rides. Storytime sells tickets at $100 per person as a ne-day entrance fee. Variable costs are $60 per person, and fixed costs are $254,000 per month. Compute Storytime Park's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Storytime Park needs to break even. Begin by selecting the formula labels and then enter the amounts to compute the contribution margin ratio. (Enter you 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 Storytime needs to break even. (Abbreviation used: CM contribution margin. Complete all answer boxes. For items with a zero value, enter "O".) )/[ Required sales in dollars Choose from any list or enter any number in the input fields and then continue to the next question. 6 esc F3
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