Question
Here are the cost equations for the costs a boat must pay for stopping at the Port of Seattle. The activity for these equations are
Here are the cost equations for the costs a boat must pay for stopping at the Port of Seattle. The activity for these equations are based on passengers on the boat.
$5x + $650 for security
$2x + $350 for water usage
$4x for disembark fees
$6,000 for usage of the port facilities for the day
When creating a contribution margin income statement, what is the total amount subtracted for ‘variable costs’ for this boat if it had 3,000 passengers?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
9781285586618
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