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Exercise 11-11 (Part Level Submission) Flounder Kars provides shuttle service between four hotels near a medical center and an international airport. Flounder Kars uses two
Exercise 11-11 (Part Level Submission) Flounder Kars provides shuttle service between four hotels near a medical center and an international airport. Flounder Kars uses two 10-passenger vans to offer 12 round trips per day. A recent month's activity in the form of a cost- volume-profit income statement is shown below. $26,800 Fare revenues (1,340 fares) Variable costs Fuel Tolls and parking Maintenance $4,824 2,412 804 8,040 Contribution margin 18,760 Fixed costs Salaries Depreciation 12,640 1,050 800 Insurance 14,490 $4,270 Net income (a1) Calculate the break-even point in dollars. Break-even points
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