Variable Costing Income Statement for a Service Company East Coast Railroad Company transports commodities among three routes (city-pairs): Atlanta/Baltimore, Baltimore/Pittsburgh, and Pittsburgh/Atlanta. Significant costs, their cost behavior, and activity rates for April are as follows: Cost Amount Cost Behavior Activity Rate Labor costs for loading and unloading railcars $175,582 Variable $46.00 per railcar Fuel costs 460,226 Variable 12.40 per train-mile Train crew labor costs 267,228 Variable 7.20 per train-mile Switchyard labor costs 118,327 Variable 31.00 per railcar Track and equipment depreciation 194,400 Fixed Maintenance 129,600 Fixed Total $1,345,363 Operating statistics from the management information system reveal the following for April: Line Item Description Atlanta/ Baltimore Baltimore/ Pittsburgh Pittsburgh/ Atlanta Total Number of train-miles 12,835 10,200 14,080 37,115 Number of railcars 425 2,160 1,232 3,817 Revenue per railcar $600 $275 $440 Question Content Area a. Prepare a contribution margin by route report for East Coast Railroad Company for the month of April. Compute the contribution margin ratio. Rounded to one decimal place. If required, use the minus sign to indicate a negative contribution margin. East Coast Railroad Company Contribution Margin by Route For the Month Ended April 30 Line Item Description Atlanta/ Baltimore Baltimore/ Pittsburgh Pittsburgh/ Atlanta Total Revenues $Revenues 255,000 $Revenues $Revenues $Revenues Variable costs: Labor costs for loading and unloading railcars $Labor costs for loading and unloading railcars 19,550 $Labor costs for loading and unloading railcars $Labor costs for loading and unloading railcars $Labor costs for loading and unloading railcars Fuel costs Fuel costs 159,154 Fuel costs Fuel costs Fuel costs Train crew labor costs Train crew labor costs 92,412 Train crew labor costs Train crew labor costs Train crew labor costs Switchyard labor costs Switchyard labor costs 13,175 Switchyard labor costs Switchyard labor costs Switchyard labor costs Total variable costs $Total variable costs 284,291 $Total variable costs $Total variable costs $Total variable costs Contribution margin $Contribution margin 44,534 $Contribution margin $Contribution margin $Contribution margin Contribution margin ratio Contribution margin ratio 11.5 % Contribution margin ratio % Contribution margin ratio % Contribution margin ratio % Feedback Area