(b) Without calculations, determine the contribution margin at the break-even point.

Wildhorse Airways Inc., a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. The planes seat 10 passengers each, and they fly commuters from Wildhorse's base airport to the major city in the province, Metropolis. Each month, 40 round-trip flights are made. Shown below is a recent month's activity in the form of a cost-volume-profit income statement. Fare revenues (400 fares) $50,400 Variable costs Fuel $21,060 Snacks and drinks 1,460 Landing fees 1,590 Supplies and forms 1,090 25,200 Contribution margin 25,200 Fixed costs Depreciation 2,860 Salaries 12,120 Advertising 2,180 Advertising 2,180 Airport hangar fees 1,740 18,900 Operating income $6,300 (a) Calculate the break-even point in dollars and number of fares. Break-even point $ Break-even point fares