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The Settler's Chuck Wagon sells tickets for dinner and a show for $50 each. The cost of providing dinner is $23 per ticket and the
The Settler's Chuck Wagon sells tickets for dinner and a show for $50 each. The cost of providing dinner is $23 per ticket and the fixed cost of operating the theater is $115,000 per month. The company can accommodate 13,500 patrons each month.
What is the contribution margin per patron?
What is the contribution margin ratio?
What is the projected monthly income if 5,500 patrons visit the theater each month?
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