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Oriole provides shuttle service between 4 hotels near a medical center and an international airport. Oriole uses two 10-passenger vans to offer 12 round trips
Oriole provides shuttle service between 4 hotels near a medical center and an international airport. Oriole 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 as follows. Sales (1,340 passengers) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation (straight-line) Insurance Net income $4,142 3,191 707 12,200 1,200 1,000 $32,160 8,040 24,120 14,400 $9,720 what is the break even point and the break even point for passengers? Oriole provides shuttle service between 4 hotels near a medical center and an international airport. Oriole uses two 10-passenger vans to offer 12 round trips per day. A recent month's activity in the form of a costvolume-profit income statement is as follows. Calculate the break-even point in (1) sales dollars and (2) number of passengers. Break-even point Break-even point passengers
Oriole provides shuttle service between 4 hotels near a medical center and an international airport. Oriole 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 as follows. Sales (1,340 passengers) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation (straight-line) Insurance Net income $4,142 3,191 707 12,200 1,200 1,000 $32,160 8,040 24,120 14,400 $9,720
what is the break even point and the break even point for passengers?
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