- An intercity road transport company has 18 buses with 40 seats each, which make an average of 8 journeys per day. The current occupancy rate is 30 passengers. The average ticket is R$ 8.00 per segment per passenger. The following activities and respective monthly costs and cost drivers are presented: Drivers: R$ 120,000 Number of buses; Administration: R$ 140,000 Number of passengers; Tax: R$ 30,000 Number of stretches; Rents: R$ 20,000 Number of stretches; Other Costs R$50,000 Number of passengers. What is the minimum ticket price knowing that taxes are 18% on gross revenues and there is still a 2.0% commission on sales and that the margin on unit cost must be 35%? What is the result for the current ticket? Respectively, minimum price and result: * A) R$2.78 and R$3.62 B) R$4.69 and R$2.78 C) R$ 4.69 and R$ 3.62 D) R$ 2.78 and R$ 4.69

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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1- An intercity road transport company has 18 buses with 40 seats each, which make an average of 8 journeys per day. The current occupancy rate is 30 passengers. The average ticket is R$ 8.00 per segment per passenger. The following activities and respective monthly costs and cost drivers are presented: Drivers: R$ 120,000 Number of buses; Administration: R$ 140,000 Number of passengers; Tax: R$ 30,000 Number of stretches; Rents: R$ 20,000 Number of stretches; Other Costs R$50,000 Number of passengers. What is the minimum ticket price knowing that taxes are 18% on gross revenues and there is still a 2.0% commission on sales and that the margin on unit cost must be 35%? What is the result for the current ticket? Respectively, minimum price and result: *

A) R$2.78 and R$3.62
B) R$4.69 and R$2.78
C) R$ 4.69 and R$ 3.62
D) R$ 2.78 and R$ 4.69

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