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Spencer Kars provides shuttle service between four hotels near a medical center and an international airport. Spencer Kars uses two 10-passenger vans to offer 12

Spencer Kars provides shuttle service between four hotels near a medical center and an international airport. Spencer Kars uses two 10-passenger vans to offer 12 round trips per day. A recent months activity in the form of a cost-volume-profit income statement is shown below.

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1. Calculate the break-even point in dollars.

Break-even point $_________

2. Calculate the break-even point in number of fares. (Round answer to 0 decimal places, e.g. 5,275.)

Break-even point ______ Fares

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