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 by12%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? Christopher Carriage Company offers guided horse-drawn carriage rides through historic Camden, South Carolina. The carriage business is highly regulated by thecity. Christopher Carriage Company has the following operating costs during April:E (Click the icon to view the information.)During April (a month during peak season), Christopher Carriage Company had 13,400 passengers. Eighty percent of passengers were adults ($20 fare) while 20%were children ($12 fare).Read the requirements.Less:Less:Choose from any list or enter any number in the input fields and then click Check Answer. Monthly depreciation expense on carriages and stable..$2,300Fee paid to the City of Camden.....10% of ticket revenueCost of souvenir set of postcards given to each passenger.$0.65/set of postcardsBrokerage fee paid to independent ticket brokers (60% of tickets are issued throughthese brokers; 40% are sold directly by the Christopher Carriage Company)$1.80/ticket sold by brokerMonthly cost of leasing and boarding the horses. ..$53,000Carriage drivers (tour guides) are paid on a per passenger basis$3.40 per passengerMonthly payroll costs of non-tour guide employees..7,750Marketing, website, telephone, and other monthly fixed costs..7,250%24%24

Name: 1.Prepare the company's contribution margin income statement for the
Uploaded: 2024-03-20T06:33:06.000Z
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Description: 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 by12%in May. Which figures on the income statement would you expect to change, an