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Chapter 22 Assignment Instructions: 1. Download the attached document and identify it with your name. 2. Complete the exercise, save and send it as an attachment in the Ch. 22 Assignment. 1) All That Blooms performs environmentally friendly lawn services for homeowners. Its operating cost are as follows. Depreciation $1,400 per month Advertising $200 per month Insurance $2,000 per month Weed and feed materials $12 per lawn Direct labor $10 per lawn Fuel $2 per lawn All That Blooms charges $60 per treatment for the average single-family lawn. Instructions: Determine the company's break-even point in: (a) number of lawns serviced per month = (b) dollars. | 2) Kare Kars provides shuttle service between four hotels near a medical center and an international airport. Kare Kars 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 shown below. Fare revenues (1,440 fares) $36,000 Variable costs Fuel Tolls and parking Maintenance $9,000 Contribution margin $27,000 Fixed cost Salaries Depreciation Insurance $1,000 $15,000 Net income $12,000 Instructions: (a) Calculate the break-even point in (1) Dollar's 2) Number of fares (b) Determine the contribution margin at the break-even point. $5,040 $3,100 $860 $12,700 $1,300 Chapter 22 Assignment Instructions: 1. Download the attached document and identify it with your name. 2. Complete the exercise, save and send it as an attachment in the Ch. 22 Assignment. 1) All That Blooms performs environmentally friendly lawn services for homeowners. Its operating cost are as follows. Depreciation $1,400 per month $200 per month Advertising Insurance $2,000 per month Weed and feed materials $12 per lawn Direct labor $10 per lawn Fuel $2 per lawn All That Blooms charges $60 per treatment for the average single-family lawn. I Instructions: Determine the company's break-even point in: (a) number of lawns serviced per month = (b) dollars. = | 2) Kare Kars provides shuttle service between four hotels near a medical center and an international airport. Kare Kars 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 shown below. Fare revenues (1,440 fares) $36,000 Variable costs Fuel Tolls and parking Maintenance $9,000 Contribution margin $27,000 Fixed cost Salaries Depreciation Insurance $1,000 $15,000 Net income $12,000 Instructions: (a) Calculate the break-even point in (1) Dollar's 2) Number of fares (b) Determine the contribution margin at the break-even point. $5,040 $3,100 $860 $12,700 $1,300