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

Wildhorse provides shuttle service between four hotels near a medical center and an international airport. Wildhorse 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.

Sales (1,500 passengers) $33,000
Variable costs
Fuel $4,250
Tolls and parking 3,274
Maintenance 726 8,250
Contribution margin 24,750
Fixed costs
Salaries 13,500
Depreciation 2,000
Insurance 1,000 16,500
Net income $8,250

Calculate the break-even point in dollars.

Break-even point

$

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