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Homework: Homework Chapter Six Question, EDSA similar to Part 1 of 3 HW Score: 8.7%. 2023 points O Points: 0 of 3 Save Cranmore Carriage
Homework: Homework Chapter Six Question, EDSA similar to Part 1 of 3 HW Score: 8.7%. 2023 points O Points: 0 of 3 Save Cranmore Carriage Company offers guided horse-down carriage rides through historic Summer South Carolina. The carriage business is highly regulated by the chy. Cranmore Carriage Company has the following operating costs during Art Click the boon to view the information) During April (a month during peak season Cramore Carriage Company had 13.00 passenger tighty percent of passengers were aur (820 ww ws 2016 were children (812 Read the requirements CHO Requirement 1. Prepare the company's contribution maron income statement for the month of Aprt. Round M fouree to the newest do. (Do not round or calculations or amount Hound all amounts input in the table to the nearest dollar) Cranmore Carriage Company Contribution Margin income Statement For the Month Ended April 30 Loss Clear all Check answer Holn me salve this Video Get more help Data table $ 2,300 15% of ticket revenue $0.60/set of postcards Monthly depreciation expense on carriages and stable Fee paid to the City of Sumter 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 Cranmore Carriage Company) Monthly cost of leasing and boarding the horses Carriage drivers (tour guides) are paid on a per passenger basis Monthly payroll costs of non-tour guide employees Marketing, website, telephone, and other monthly fixed costs $1.40/ticket sold by broker $ 45,000 $3,80 per passenger $ 7,650 $ 7,150 Print Done er Six Question 8, E6-39A (similar to) Part 1 of 3 HW Score O Points 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 12% 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? Print Done Read the requirements Cranmore Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Less: Help me solve this Video Get more help Less Read the requirements Less
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