Business, 23.07.2019 03:30 barnettboy76

Night flights is preparing a contribution margin report segmented by route. the following information is available: miami/la atlanta/ new york new york/ chicago average ticket price per passenger $1,250 $900 $750 total passengers served 5,400 8,800 12,200 total miles flown 190,000 176,000 97,600 the variable costs per unit are as follows: fuel $25 per mile wages $45 per mile food/beverage service $7 per passenger selling $70 per passenger what is the contribution margin ratio for the new york/chicago route (to the closest tenth of a percent)?

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