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Carter Carriage Company offers guided horse-drawn carriage rides through historic Greenville, South Carolina. The carriage business is highly regulated by the city. Carter Carriage Company
Carter Carriage Company offers guided horse-drawn carriage rides through historic Greenville, South Carolina. The carriage business is highly regulated by the city. Carter Carriage Company has the following operating costs during April: Click the icon to view the information.) During April (a month during peak season), Carter Carriage Company had 13,500 passengers. Eighty percent of passengers were adults ($25 fare) while 20% were children ($17 fare). Read the requirements table to the nearest dollar.) Carter Carriage Company Requirements Contribution Margin Income Statement For the Month Ended April 30 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. Less: 2. Assume that passenger volume increases by 11% 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? Print Done Carter Carriage Company offers guided horse-drawn carriage rides through historic Greenville, South Carolina. The carriage business is highly regulated by the city. Carter Carriage Company has the following operating costs during April: (Click the icon to view the information.) Data Table During April (a month during peak season), Carter C Read the requirements. table to the nearest dollar.) Monthly.depreciation.expense.an carriages.and stable $ 2,900 Carter Carriage Company Fee paid to the City of Greenville. 10% of ticket revenue Contribution Margin Income Statemer Cast.ot souvenir. set of postcards given to.each passenger.. $0.60/set of postcards For the Month Ended April 30 Brokerage fee paid to independent ticket brokers (60% of tickets are issued through these brokers; 40% are sold directly by the Carter Carriage Company) $1.60/ticket sold by broker Less: $ Monthly.cast of leasing and hoarding the horses 46,000 Carriage drivers (tour.guides) are paid.ona per passenger basis $3.40 per passenger Monthly payrol.casts.of. non-tour.guide employees.. $ 7,950 Marketing, website, telephone, and ather monthly fixed.costs. $ 7,000 Print Done Choose from any list or enter any number in the input ner CNCCR Answer Carter Carriage Company offers guided horse-drawn carriage rides through historic Greenville, South Carolina. The carriage business is highly regulated by the city. Carter Carriage Company has the following operating costs during April: (Click the icon to view the information.) During April (a month during peak season), Carter Carriage Company had 13,500 passengers. Eighty percent of passengers were adults ($25 fare) while 20% were children ($17 fare). Read the requirements Less: Choose from any list or enter any number in the input fields and then click Check
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