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FRRIER VERSION BACK NE Grouper Kars provides shuttle service between four hotels near a medical center and an international airport. Grouper Kars uses two 10

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FRRIER VERSION BACK NE Grouper Kars provides shuttle service between four hotels near a medical center and an international airport. Grouper 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 $4,824 2,412 804 Fare revenues (1,340 fares) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation Insurance Net Income 8,040 18,760 12,520 1,040 790 14,350 $4,410 Calculate the break-even point in dollars. Break-even point $ Calculate the break-even point in number of fares. Break-even point fares Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even point

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