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Counton Carriage Company offers guided horse-drawn carriage rides through historic Charleston, South Carolina. The carriage business is highly regulated by the city. Counton Carriage Company has the following operating costs during April: Click the icon to view the information.) During April (a month during peak season), Counton Carriage Company had 13,200 passengers. Seventy percent of passengers were adults ($23 fare) while 30% were children ($15 fare). Requirements 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. 2. Assume that passenger volume increases by 16% 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? 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.) Counton Carriage Company Contribution Margin Income Statement For the Month Ended April 30 Less: Less: L $ 2,500 10% of ticket revenue $0.55/set of postcards $1.60/ticket sold by broker Monthly depreciation expense on carriages and stable Fee paid to the City of Charleston 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 Counton 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 .......... 51,000 $3.60 per passenger 7.900 S 7,400

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