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Help me please with this problem Charleston Carriage Company offers guided horse-drawn carriage rides through historic Anderson, South Carolina. The carriage business is highly regulated
Help me please with this problem
Charleston Carriage Company offers guided horse-drawn carriage rides through historic Anderson, South Carolina. The carriage business is highly regulated by the city. Charleston Carriage Company has the following operating costs during April: (Click the icon to view the information.) During April (a month during peak season), Charleston Carriage Company had 12,700 passengers. Sixty percent of passengers were adults ($26 fare) while 40% were children ($18 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? ITUITUR Treporu ww w wore . ISU IHC VW TOUICUS WHO WE TWO Charleston Carriage Company Contribution Margin Income Statement For the Month Ended April 30 * Data Table - X Less: Variable expenses Brokerage fee 2.100 15% of ticket revenue $0.80/set of postcards $1.00/ticket sold by broker Monthly depreciation expense on.carriages and stable.... Fee paid to the City of Anderson .................... 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. Charleston Carriage Company)..... Monthly cost of.leasing and hoarding the horses..... Carriage drivers.tour guides) are paid on a per passenger basis............. Monthly payroll.costs of non-laur.guide.erciplayees...... Marketing website, telephone, and.ather monthly fixed dosts ............. Less: $ 51,000 $3.10 per passenger $ 7,750 $ 7,400 Print Done Choose from any list or enter any number in the input fields and then click CheckStep by Step Solution
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