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Carlton Carriage Company offers guided horse-drawn carriage rides through historic Sumter, South Carolina. The carriage business is highly regulated by the city. Carlton Carriage Company
Carlton Carriage Company offers guided horse-drawn carriage rides through historic Sumter, South Carolina. The carriage business is highly regulated by the city. Carlton Carriage Company has the following operating costs during April: (Click the icon to view the information.) During April (a month during peak season), Carlton Carriage Company had 12,800 passengers. Sixty percent of passengers were adults ($24 fare) while 40% were children (S16 fare). Read the requirements For the Month Ended April 30 Data Table Sales revenue Less: Variable expenses Fee paid to city S 2,700 Monthly depreciation expense on carriages and stable Complimentary postcards Fee paid to the City of Sumter......... 10% of ticket revenue Brokerage fee Cost of souvenir set of postcards given to each passenger.................. $0.85/set of postcards Carriage driver wages Brokerage fee paid to Independent ticket brokers (60% of tickets are issued through these brokers: 40% are sold directly by the Carlton Carriage Company) $1.20/ticket sold by broker Contribution margin $ 53,000 Monthly cost of leasing and boarding the horses.............. Less: Fixed expenses $3.40 per passenger Carriage drivers (tour guides) are paid on a per passenger basis Leasing and boarding horses $ 7.800 Monthly payroll costs of non-tour guide employees....... Non-carriage driver payroll expense S 7,200 Marketing, website, telephone, and other monthly fixed costs. Depreciation expense Other fixed operating expenses Print Done Total fixed expenses ? Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer 2 remaining
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