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%

---

Definitions:

Annual Reports

Yearly publications by an organization summarizing its operations, financial performance, and accomplishments to stakeholders.

Effective Graphic

Pertains to a visual representation designed in a way that communicates messages or data clearly and efficiently to the audience.

Interpretation

Interpretation involves explaining or providing the meaning of something, such as a text, action, or phenomenon, often based on personal or professional insight.

Interpreting Guidelines

The process of understanding and applying instructions or rules in specific contexts or situations.