CarsonCarson

Carriage Company offers guided horse-drawn carriage rides through historic

Sumter comma South CarolinaSumter, South Carolina.

The carriage business is highly regulated by the city.

CarsonCarson

Carriage Company has the following operating costs during April:

LOADING...

(Click the icon to view the information.)During April (a month during peak season),

CarsonCarson

Carriage Company had

13 comma 10013,100

passengers.

SeventySeventy

percent of passengers were adults

($2121

fare) while

3030%

were children

($1313

fare).

Requirements

1.	Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar.
2.	Assume that passenger volume increases by 1212% in May. Which figures on the income statement would you expect to change, and by what percentage would they change? Which figures would remain the same as in April?

Requirement 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. (Do not round interim calculations or amounts. Round all amounts input in the table to the nearest dollar.)

Carson Carriage Company
Contribution Margin Income Statement
For the Month Ended April 30
Sales revenue
Less:	Variable expenses
	Fee paid to city
	Complimentary postcards
	Brokerage fee
	Carriage driver wages
Contribution margin
Less:	Fixed expenses
	Depreciation expense
	Leasing and boarding horses
	Non-carriage driver payroll expense
	Other fixed operating expenses
Operating income

Save Homework: Chapter 06 Graded Homework Score: 0 of 3 pts X E6-37A (similar to) 3 of 5 (2 complete) HW Score: 16.67%, 5 of 30 pts 3 Question Help Carson Carriage Company offers guided horse-drawn carriage rides through historic Sumter, South Carolina. The carriage business is highly regulated by the city. Carson Carriage Company has the following operating costs during April: E: (Click the icon to view the information.) During April (a month during peak season), Carson Carriage Company had 13,100 passengers. Seventy percent of passengers were adults ($21 fare) while 30% were children ($13 fare). Requirements 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. 2. Assume that passenger volume increases by 12% in May. Which figures on the income statement would you expect to change, and by what percentage would they change? Which figures would remain the same as in April? Requirement 1. Prepare the company's contribution margin income statement for the month of A! X pllar) i Data Table ..... .......... ......... ........ .......... 2,000 15% of ticket revenue $0.70/set of postcards $1.30/ticket sold by broker MoDooriyor Carson Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Sales revenue Less Variable expenses Fee paid to city Complimentary postcards Brokerage fee Carriage driver wages Contribution margin Less: Fixed expenses Depreciation expense ... Monthly depreciation expense on carriages and stable ........ Fee paid to the City of Sumter Cost of souvenir set of postcards given to each passenger Brokerage fee paid to independent ticket brokers (60% of tickets are issued through these brokers: 40% are sold directly by the Carson Carriage Company) Monthly cost of leasing and boarding the horses Carriage drivers (tour guides) are paid on a per passenger basis Monthly payroll costs of non-tour guide employees Marketing, website, telephone, and other monthly fixed costs 48,000 $3.40 per passenger 7,950 7,050 Choose from any list or enter any number in the input fields and then click Check Answer. Print Done