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) 46%
B) 185%
C) 27%
D) 54%
Correct Answer:
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