Wings Railway's total fixed costs are $120,000 per year, variable cost per passenger is $90...
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Finance
Wings Railway's total fixed costs are $120,000 per year, variable cost per passenger is $90 and each ticket sells for $120. What is the contribution margin per unit and contribution maigin ratio?
A) $90 per pissenger: 75% B) $30 pet passenger, 25% C) $30 per passenger 75% D)$30 per passergen 33% E)$90 per passeniger 25%
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