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