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Business, 04.06.2020 15:02 sciencefanfae7248

Storytime Park competes with Splash World by providing a variety of rides. Storytime sells tickets at $ 100 per person as a one-day entrance fee. Variable costs are $ 60 per person, and fixed costs are $ 254 comma 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.

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