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Curt Carriage Company offers guided horse-drawn carriage rides through historic Dalton, Georgia. The carriage business is highly regulated by the city. Curt Carriage Company has
Curt Carriage Company offers guided horse-drawn carriage rides through historic Dalton, Georgia. The carriage business is highly regulated by the city. Curt Carriage Company has the following operating costs during April: E: (Click the icon to view the information.) During April (a month during peak season), Curt Carriage Company had 13,000 passengers. Seventy percent of passengers were adults ($23 fare) while 30% were children ($15 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 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? 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.) Curt Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Less: Choose from any list or enter any number in the input fields and then click Check Answer. ? 2 parts remaining Clear All Check Answer Curt Carriage Company offers guided horse-drawn carriage rides through historic Dalton, Georgia. The carriage business is highly regulated by the city. Curt Carriage Company has the following operating costs during April: T i X Data Table D w R 1 2 $ 2,200 20% of ticket revenue $0.70/set of postcards R ne $1.80/ticket sold by broker Monthly depreciation expense on carriages and stable Fee paid to the City of Dalton 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 Curt 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 $ 47,000 $3.70 per passenger 7,900 7,450 Print Done Choose from any list or enter any number in the innut fields and then click Check
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