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E BusinessCourse Return to course Support #: My Subscriptions Lynnette Grays Jail and Sail: Alcatraz Tour and Cruise provides sunset sightseeing tours of Alcatraz

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E BusinessCourse Return to course Support " #: My Subscriptions Lynnette Grays Jail and Sail: Alcatraz Tour and Cruise provides sunset sightseeing tours of Alcatraz and the San Francisco Bay. Tickets cost $140 each. Assume 3,300 customers were served in July. Variable Costs per Customer Fixed Costs per Month Admission fees $60 Operations $75,000 Overhead 25 Selling and administration 18,750 Hors d'oeuvres 15 Selling and administrative 2 Total $102 Total $93,750 Jail and Sail is subject to an income tax rate of 21%. Required a. Prepare a contribution income statement for July. Note: Do not use a negative sign with your answers In the statement below. Note: Round your answers to the nearest whole dollar. 8-57

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