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.

Exercise 5-11 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 month's activity in the form of a cost-volume-profit income statement is shown below Fare revenues (1,380 fares) $38.640 variable costs 5,842 Fuel Tolls and parking 3,593 10.433 Contribution margin 28,207 Fined costs 12,500 1,300 1,092 14,892 13.315 Net income Your answer is incorrect. Try again. Calculate the break-even point in dollars. S-20683] Break-even point Your answer is incorrect. Try again. Calculate the break-even point in number of fares. (Round answer to o decimal places,e.g. 5,275) Break-even peint 744 fares Your answer is correct. Without calculations, determine the contribution margin at the break even point. Contribution margin at the break-even point 14892 Click if you would like to Show Work for this question: Open Show Work VIDEO APPLIED SKTILAS