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II . A TITA WA i Data Table - X 2,900 15% of ticket revenue $0.80/set of postcards $1.20/ticket sold by broker Monthly. depreciation expense.an
II . A TITA WA i Data Table - X 2,900 15% of ticket revenue $0.80/set of postcards $1.20/ticket sold by broker Monthly. depreciation expense.an carriages and stable... Fee paid to the City.of. Athens..... Cast of souvenir.set.of.pastcards. 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.Colt Carriage. Company.). ........ Monthly cost of leasing and boarding the horses......... Carriage.drivers.(taur.guides) are paid on.a per passenger basis. ............. Monthly payroll.costs.of non-tour.guide.employees................................... Marketing, website, telephone, and other monthly.fixed costs........ 50,000 $3.20 per passenger 7,650 7,350 Print [ Done] Print Done Clear All Colt Carriage Company offers guided horse-drawn carriage rides through historic Athens, Georgia. The carriage business is highly regulated by the city. Colt Carriage Company has the following operating costs during April: Click the icon to view the information.) During April (a month during peak season), Colt Carriage Company had 12,700 passengers. Eighty percent of passengers were adults ($23 fare) while 20% were children ($15 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 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? Requirement 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. (Do not round interim calculations or amounts. Round all amounts input in the table to the nearest dollar.) Colt Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Sales revenue 271780 Less: Variable expenses Choose from any list or enter any number in the input fields and then click Check Answer. parts Clear All remaining Check
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