Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. exercise 22-11 al-b carla vista provides shuttle s

Exercise 22-11 al-b Carla Vista provides shuttle service between four hotels near a medical center...

90.2K

Verified Solution

Question

Accounting

image

Exercise 22-11 al-b Carla Vista provides shuttle service between four hotels near a medical center and an international airport. Carla Vista 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. $38,860 $5,658 3,091 966 Sales (1,340 passengers) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation Insurance Net income 9,715 29,145 13,300 1,400 960 15,660 $13,485 Calculate the break-even point in dollars. Break-even point Calculate the break-even point in number of passengers. Break-even point passengers Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even point Click if you would like to Show Work for this question: Open Show Work

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students