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12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statement is shown below Fare revenues (1,420 fares) Variable

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12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statement is shown below Fare revenues (1,420 fares) Variable costs 32,660 AM $ 4,024 2,475 Tolls and parking 7,185 25,475 12,200 1,100 Insurance 17,784 ot of No

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