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Please help!! I know up to question 4 but need assistance on B5,6 and C7 thanks ahead of time I thumbs up correct answers!! harleston
Please help!! I know up to question 4 but need assistance on B5,6 and C7 thanks ahead of time I thumbs up correct answers!!
harleston Carrlage has several questions about its monthly revenues, costs, and profits in 2018. REQUIRED [ROUND YOUR ANSWER TO PART A, QUESTION 1 TO THE NEAREST CENT; ROUND ALL OTHER ANSWERS TO THE NEAREST UNIT OR NEAREST DOLLAR.] Part A (6 tries; 8 points) 1. What is the estimated monthly contribution margin per passenger for Charleston Carliege in 2018 13.5400 2.What are the estimated total monthly foxed costs for Charleston Carriage in 20187 63000 ou are correct. receipt no. Is 154-8807 Your answers are correct, but just to make sure that there are no rounding Issues, use $13.54 for the estimated contribution margin per passenger and $63,000 for the estimated monthly fixed costs In Parts B and C Part B (8 tries; 8 points) 3. What is Charleston Carrlage's estimated monthly operating income in 2018 if the number of monthly passengers is 8,6007 4. How many monthly passengers would be required for Charleston Carriage to break even in 20187 4653 5. How many monthly passengers would be required for Charleston Carriage to earn 116,000 per month in 2018? 6, Assuming a tax rate of 35%, what must revenue be in order for Charleston Camage to earn $116,000 per month n 20187 53444 Submit Anitwer Tries 0/8 Part C (4 trles; 4 points) 7. Charleston Carriage has an opportunity to negotiate with the company that leases the horses and boardis them. If Charleston Carriage expects to sell 5,653 tickets per month in 2018, what's the most it could pay to lease and board the horses If it wants to break even each month (ignoning taxes) Submit Answer Tries 0/4 Step by Step Solution
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