(L. OBJ. 5) Calculating weighted average contribution margin [5—10 min]
SoakNSun Swim Park sells individual and family tickets, which include a meal 3 beverages, and unlimited use of the swimming pools. SoakNSun has the following ticket prices and variable Costs for 2010:
SoakNSun expects to sell 1 individual ticket for every 3 family tickets.
Requirement
1. Compute the weighted-average contribution margin per ticket.
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