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Zoo charges a $40 fee for exclusive tours per person. Variable cost per person is $22 and fixed costs for the month is $50,400 within

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Zoo charges a $40 fee for exclusive tours per person. Variable cost per person is $22 and fixed costs for the month is $50,400 within the relevant range of 20,000 visitors per month. Use this information to determine the following (Show formulas and computation); Unit Contribution Margin (5 marks) Contribution Margin Ratio(5 marks) a. b. c. Calculate breakeven point in units using any method (8 marks) The number of exclusive tours needed to earn a target profit of $6,480 (8 marks) d. e. Overall Contribution Margin if there are 6.000 exclusive tours in the month (8 marks) f. Operating margin/income for 6,000 exclusive tours in the month (8 marks) Margin of Safety assuming there are 7,000 exclusive tours in the month. Present answer in units and percentage (8 marks)

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