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Please help me answer this!! Ivanhoe provides shuttle service between 4 hotels near a medical center and an international airport. Ivanhoe uses two 10 passenger
Please help me answer this!!
Ivanhoe provides shuttle service between 4 hotels near a medical center and an international airport. Ivanhoe 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. Calculate the break-even point in (1) sales dollars and (2) number of passengers. Break-even point $ Break-even point passengers eTextbook and Media (b) Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even point $
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