Use the Information Below to Answer the Following Question(s)

question 88

Multiple Choice

Use the information below to answer the following question(s) .
The Burr Mystery Dinner Theatre sells tickets for dinner and a show for $50 each. The cost of providing dinner is $30 per ticket, and the fixed cost of operating the theater is $100,000 per month. The company can accommodate 15,000 patrons each month.
-What is the contribution margin ratio at the Burr Mystery Dinner Theatre?

• A) 40%
• B) 250%
• C) 60%
• D) 20%