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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
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 ratio?
A) 54%
B) 27%
C) 46%
D) 185%
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Top Poster
Posts: 2158
8 years ago
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bernie2981 Author
wrote...

8 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
Smart ... Thanks!
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2 hours ago
Brilliant
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