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Curt Carriage Company offers guided horse-drawn carriage rides through historic Anderson, South Carolina. The carriage business is highly regulated by the city. Curt Carriage Company has the following operating costs during April: Click the icon to view the information.) During April (a month during peak season), Curt Carriage Company had 12,800 passengers. Sixty percent of passengers were adults (S21 fare) while 40% were children (513 fare). Requirements 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. Assume that passenger volume increases by 12% in May. Which figures on the income statement would you expect to change, and by what percentage would they change? Which figures would remain the same as in April? 2. Requirement 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. (Do not round interim calculations or amounts. Round all amounts input in the table to the nearest dollar.) 281600 Curt Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Sales revenue Less Variable expenses Fee paid to city Complimentary postcards Brokerage fee Carriage driver wages Contribution margin Less: Fixed expenses Leasing and boarding horses Non-carriage driver payroll expense Depreciation expense Other fixed operating expenses Operating income Data Table X - $ 2,000 20% of ticket revenue $0.95/set of postcards $1.50/ticket sold by broker Monthly depreciation expense on carriages and stable Fee paid to the City of Anderson 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 Curt 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. $ 47,000 $3.20 per passenger $ 7,650 $ 7,300 Print Done

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