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FasterCommute is a commuter train company. On regional route RS, FasterCommute currently charges $12 per passenger (fare). Monthly revenue for this route is $114,000. Currently
FasterCommute is a commuter train company. On regional route RS, FasterCommute currently charges $12 per passenger (fare). Monthly revenue for this route is $114,000. Currently variable cost is $6 per passenger and fixed cost is $54,000 per month. (complete the calculations for a month)
ENTER YOUR DATA TABLE Fare Variable Cost Per Passenger Passengers Fixed Costs Revenue Cost Income Set up formulas to calculate these amounts Set the CM Income statement up using formulas CM Income Statement Revenue Variable Cost Contribution Margin Fixed Cost IncomeStep by Step Solution
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