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2.4 Question 4 of 5 -/10 E View Policies Current Attempt in Progress Sandhill provides shuttle service between 4 hotels near a medical center and
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Question 4 of 5 -/10 E View Policies Current Attempt in Progress Sandhill provides shuttle service between 4 hotels near a medical center and an international airport Sandhill uses two 10 passenger vans to offer 12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statement is as follows. Sales (1,330 passengers) $37.240 Variable costs $5,005 Tolls and parking 1.588 Fuel Maintenance 855 7,448 29,792 Contribution margin Fixed costs Salaries Depreciation (straight-line) Insurance 13,500 2.000 1300 16,800 Net income $12.992 (a) Calculate the break-even point in (1) sales dollars and (2) number of passengers. Break-even points Break-even point passengers e Textbook and Media Save for Later Attempts: 0 of 1 used Submit Step by Step Solution
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