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Charleston Carriage Company offers guided horse-drawn carriage rides through historic Sumter, South Carolina. The carriage business is highly regulated by the city. Charleston Carriage Company

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Charleston Carriage Company offers guided horse-drawn carriage rides through historic Sumter, South Carolina. The carriage business is highly regulated by the city. Charleston Carriage Company has the following operating costs during April: (Click the icon to view the information) During April (a month during peak season), Charleston Carriage Company had 13,300 passengers. Seventy percent of passengers were adults (523 fare) while 30% were children ($15 fare) Read the equirements 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.) Charleston Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Less in Less Ing Au ma udi age Charleston Carria business is highly (Click the icon During April (a mo passengers were Read the requirer 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 20% 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? * Data Table E FL 2,700 15% of ticket revenue $0.95/set of postcards 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 Charleston 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.. Nin $1.30/ticket sold by broker S 54,000 $3.50 per passenger S 7.700 7.100 $ E Ing Aut Print Done

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