If Cape Cod Railways fixed costs total ($40,000) per month, the variable cost per passenger is ($10),

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If Cape Cod Railway’s fixed costs total $$40,000$ per month, the variable cost per passenger is $$10$, and tickets sell for $$59$, how much revenue must the Railway have to generate to earn $$150,000$ in operating income per month?

a. $268,802

b. $228,802

c. $188,802

d. $190,022

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Financial And Managerial Accounting

ISBN: 9780135080191

2nd Edition

Authors: Charles T Horngren, Jr Walter T Harrison

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Question Posted: May 16, 2024 06:01 AM

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If Cape Cod Railways fixed costs total ($40,000) per month, the variable cost per passenger is ($10),

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Financial And Managerial Accounting

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