I dont understand how the person answering got to this answer (100 seat capacity X...
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Accounting
I dont understand how the person answering got to this answer (100 seat capacity X 40% occupancy X $75 ticket price per person) = 4050, shouldn't it be x60%=4500? This also changes the contribution margin to $3150 and the income profit is then 200 not a loss of (250)
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