Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Charleston Carriage Company offers guided horse-drawn camragendes tough historie Charleston, South Carolina. The company shut down in 2020 because of the could virus, and it

image text in transcribed

Charleston Carriage Company offers guided horse-drawn camragendes tough historie Charleston, South Carolina. The company shut down in 2020 because of the could virus, and it doesn't expect to res.mc business until next year, 2072. ito. carnage nincas a highly regulated by the city, and the expecte tare for all passengers in 2022 is $20.00. The company budgens the following monthly operating costs for 2022: 13% obcket revenue $0.50 per set $40,000 Fee paid to the city of Charleston Cost of souvenir' set of postcards given to eich Dessenger Monthly cost of leasing and boarding the horses Carlaga divers (tour guides) are palcon a per passenger basis Monthly payroll costs of 10 tour guide employers Marketing, watate, taleptors, and other monthly fixed cases 52.20 per passenger SIXID In addition to these costs, Olerleston Carriage will have to pay a brokerage lee of 51.10 per dicket sold by Lookers. On are age. 70% of ell tickets soldere sod by brokers: 30% ere soddireddy Ly Charleston Carliege Charleston Carriage has several questions about its expertos monthly revenues, casts, and profits in 2017 REQUIRED ROUND YOUR ANSWER TO PART A, QUESTION 1 TO THE NEAREST CENT; ROUND ALL OTHER ANSWERS TO THE NEAREST UNIT OR NEAREST DOLLAR.1 Part A [6ules: 0 pont 1. What is the erralet morithly collribution nervir per essere lo Charles Cerriche in 2022? 2. What are the erratec total monthly fixed costs for Charleston Carriage in 20227 Submit answer is 0/6 Part B (8 mes; & nons] 3. What is Charleston Cantages estimated monthly operating Income In 2022 If the number of monthly bassengers Is 3,5002 4. How many monthly passengers would be required for Charleston Carriage to break even in 2022? 5. How many monthly passengers would be required for Charleston Carriege to eam $91.000 per month in 2022? 6. Assuming - Lax Teleo 316, wiarusl likel revenue Le in order Charles Carriage Lean 591,000 per montinin 2022? | Submit Araner Testys Part Catrin: 4 paints 7. Charleston Cantage has ar oportunity to negotiate with the company that leases the horses and boars then. Ir Carleston Garriage expects to sell 5,215 tickets per month in 2022 and wants to break even each month, what's the most it could pay per month lease and boed the horses ignoring toes)? Submit Ancer Hos 1/4 Charleston Carriage Company offers guided horse-drawn camragendes tough historie Charleston, South Carolina. The company shut down in 2020 because of the could virus, and it doesn't expect to res.mc business until next year, 2072. ito. carnage nincas a highly regulated by the city, and the expecte tare for all passengers in 2022 is $20.00. The company budgens the following monthly operating costs for 2022: 13% obcket revenue $0.50 per set $40,000 Fee paid to the city of Charleston Cost of souvenir' set of postcards given to eich Dessenger Monthly cost of leasing and boarding the horses Carlaga divers (tour guides) are palcon a per passenger basis Monthly payroll costs of 10 tour guide employers Marketing, watate, taleptors, and other monthly fixed cases 52.20 per passenger SIXID In addition to these costs, Olerleston Carriage will have to pay a brokerage lee of 51.10 per dicket sold by Lookers. On are age. 70% of ell tickets soldere sod by brokers: 30% ere soddireddy Ly Charleston Carliege Charleston Carriage has several questions about its expertos monthly revenues, casts, and profits in 2017 REQUIRED ROUND YOUR ANSWER TO PART A, QUESTION 1 TO THE NEAREST CENT; ROUND ALL OTHER ANSWERS TO THE NEAREST UNIT OR NEAREST DOLLAR.1 Part A [6ules: 0 pont 1. What is the erralet morithly collribution nervir per essere lo Charles Cerriche in 2022? 2. What are the erratec total monthly fixed costs for Charleston Carriage in 20227 Submit answer is 0/6 Part B (8 mes; & nons] 3. What is Charleston Cantages estimated monthly operating Income In 2022 If the number of monthly bassengers Is 3,5002 4. How many monthly passengers would be required for Charleston Carriage to break even in 2022? 5. How many monthly passengers would be required for Charleston Carriege to eam $91.000 per month in 2022? 6. Assuming - Lax Teleo 316, wiarusl likel revenue Le in order Charles Carriage Lean 591,000 per montinin 2022? | Submit Araner Testys Part Catrin: 4 paints 7. Charleston Cantage has ar oportunity to negotiate with the company that leases the horses and boars then. Ir Carleston Garriage expects to sell 5,215 tickets per month in 2022 and wants to break even each month, what's the most it could pay per month lease and boed the horses ignoring toes)? Submit Ancer Hos 1/4

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting, Chapters 1-13

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

25th Edition

1285069625, 9781285069623

More Books

Students also viewed these Accounting questions

Question

What do you need to know about your students to motivate them?

Answered: 1 week ago

Question

Why did Hostess Brands Inc. go into bankruptcy?

Answered: 1 week ago