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Vintage Camape Company offers guided horso-drawn carriage rides through historic Camden, South Carolina. The carriapo business is highly regulated by the oly. Vintage Carriage Company

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Vintage Camape Company offers guided horso-drawn carriage rides through historic Camden, South Carolina. The carriapo business is highly regulated by the oly. Vintage Carriage Company has the following operating costs during April Click the icon to view the information) During April (a month during peak season), Vintage Carriage Company had 13,500 passengers. Eighty percent of passengers were adults ($26 fare) while 20% were children (518 faro) amounts. Round at amounts input in the table to the nearest dolar) Vintage Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Le Requirement 2. Assume passenger volume increases by 18% in May. Which figures on the income statement would you expect to change and by what percentage would they change? partenger volume increases by 18% in May, we would cupect 18%. This is because costs change in direct proportion to changes in volume. As a res the 18% expenses to would Which figures would remain the same as in April? Assuming that a 18% increase in volume is stain the same relevant range, we would expect Y costs to remain at the present level Data Table $ 2,300 10% of ticket revenue Monthly depreciation expense on carriages and stable Fee paid to the City of Camden 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 Vintage 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 $0.75/set of postcards $1.50/ticket sold by broker 49,000 $3.90 per passenger $ 7.900 $ 7,200

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