CharlestonCharleston

Carriage Company offers guided horse-drawn carriage rides through historic

Athens comma GeorgiaAthens, Georgia.

The carriage business is highly regulated by the city.

CharlestonCharleston

Carriage Company has the following operating costs during April:

LOADING...

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

CharlestonCharleston

Carriage Company had

13 comma 30013,300

passengers.

EightyEighty

percent of passengers were adults

($2020

fare) while

2020%

were children

($1212

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 1616% 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?

Question Help E6-37A (similar to) Charleston Carriage Company offers guided horse-drawn carriage rides through historic Athens, Georgia. The carriage business is highly regulated by the city. Charleston Carriage Company has the following operating costs during April: EEB (Click the ioon to view the inforrmation.) During April a month during peak season Charleston Carriage Company had 13.300 passengers. Eighty percent of passengers were adults $20 fare while 20% were children $12 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 16% 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 contr the table to the nearest dollar.) Round all amounts input in Data Table Charleston Carriage Com Contribution Margin Income S For the Month Ended April Monthly depreciation expense on carriages and stable 2,800 Sales revenue Fee paid to the City of Athens 10% of ticket revenue Less: Variable expenses 0.90/set of postcards Cost of souvenir set of postcards given to each passenger........ Fee paid to city Brokerage fee paid to independent ticket brokers (60% of tickets are issued through these $1.80ticket sold by broker Complimentary postcards brokers; 40% are sold directly by the Charleston Carriage Company) . . . . . . . . . . . . . . . Brokerage fee Monthly cost of leasing and boarding the horses.. . . . . . . . . . . 54,000 Carriage driver wages Carriage drivers (tour guides) are paid on a per passenger basis.. $3.70 per passenger Contribution margin Monthly payroll costs of non-tour guide employees 7,850 Less: Fixed expenses Marketing, website, telephone, and other monthly fixed costs 7,100 Choose from any list or enter any number i PrintDone parts remaining Check