Question Help Carson Carriage Company offers guided horse-drawn carriage rides through historic Athens, Georgia. The carriage business is highly regulated by the city. Carson Carriage Company has the following operating costs during April: Click the icon to view the information.) During April (a month during peak season), Carson Carriage Company had 12,800 passengers. Eighty percent of passengers were adults ($24 fare) while 20% were children ($16 faro) 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.) Carson Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Sales revenue Less: Choose from any list or enter any number in the input fields and then continue to the next question. Question Help Carson Carriage Company offers guided horse-drawn carriage rides through historic Athens, Georgia. The carriage business is highly regulated by the city. Carson Carriage Company has the following operating costs during April: Click the icon to view the information.) During April (a month during peak season), Carson Carriage Company had 12,800 passengers. Eighty percent of passengers were adults ($24 fare) while 20% were children ($16 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 2. Assume 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? If passenger volume increases by 12% in May, we would expect expenses to 12%. This is because costs change in direct proportion to changes in volume. As a result, the would 12%. Which figures would remain the same as in April? Assuming that a 12% increase in volume is still in the same relevant range, we would expect costs to remain at their present level. Choose from any list or enter any number in the input fields and then continue to the next question. I Question Help Carson Carriage Company offers guided horse-drawn carriage rides through historic Athens, Georgia. The carriage business is highly regulated by the city. Carson Carriage Company has the following operating costs during April: (Click the icon to view the information.) Data Table 2,100 20% of ticket revenue $0.95/set of postcards $1.80/ticket sold by broker Monthly depreciation expense on carriages and stable ....... Fee paid to the City of Athens .... Cost of souvenir set of postcards 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 Carson Carriage Company)... Monthly cost of leasing and boarding the horses.... Carriage drivers (tour guides) are paid on a per passenger basis Monthly payroll costs of non-tour guide employees.. Marketing, website, telephone, and other monthly fixed costs 51,000 $3.70 per passenger 7,800 7,350 Print Done Costs to remain at their present level. Choose from any list or enter any number in
