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Oriole provides shuttle service between four 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 four 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-prot income statement is shown below. Sales (1,330 passengers) $39,900 Variable costs Fuel $5,809 Tolls and parking 7,164 Maintenance 992 13,965 Contribution margin 25,935 Fixed costs Salaries 12,500 Depreciation 1,700 Insurance 1,400 15,600 Net income $10,335 (a1) Your answer is correct. Calculate the break-even point in dollars. Break-even point $ 24000 eTextbook and Media Attempts: 1 of 2 used (a2) Calculate the break-even point in number of passengers. Break-even point passengers e Textbook and Media Save for Later Attempts: 0 of 2 used Submit
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