Carla Vista provides shuttle service bet 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. Sales (1,490 passengers) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation Insurance Net income (a1) $6,759 134 1,153 13,000 Break-even point $ 2,000 1,200 Your Answer Correct Answer Your answer is incorrect. $40,230 8,046 32.184 Calculate the break-even point in dollars. 16,200 $15,984 I

Carla Vista provides shuttle service bet 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. Sales (1,490 passengers) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation Insurance Net income (a1) $6,759 134 1,153 13,000 Break-even point $ 2,000 1,200 Your Answer Correct Answer Your answer is incorrect. $40,230 8,046 32.184 Calculate the break-even point in dollars. 16,200 $15,984 I

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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