Luxury Cruiseline offers nightly dinner cruises departing from several cities on the East Coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $80 per passenger. Luxury Cruiseline's variable cost of providing the dinner is $40 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $240,000 per month. The company's relevant range extends to 16,000 monthly passengers. Use this information to compute the following: a. What is the contribution margin per passenger? b. What is the contribution margin ratio? c. Use the unit contribution margin to project operating income if monthly sales total 13,000 passengers. d. Use the contribution margin ratio to project operating income if monthly sales revenue totals $515,000. a. What is the contribution margin per passenger? First identify the formula, then compute the contribution margin per passenger. = Contribution margin per passenger

Define commitment fee

Describe the features of JIT.

ACME Products has the option to invest in one of the following two conveyor systems. MARR is 15%. Conveyor System 1 $350,000 $84,900 $101,150 Conveyor System 2 $380,000 $92,500 Capital Investment Net Annual Revenues $104,050 6 Years Residual Value Study Period 6 Years a) Use PW, AW, and FW analyses to demonstrate which equipment is a better choice. Solve this problem manually and show all steps and interpretations.