If Telluride Railway's fixed costs total ($ 50,000) per month, the variable cost per passenger is ($

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If Telluride Railway's fixed costs total $\$ 50,000$ per month, the variable cost per passenger is $\$ 36$, and tickets sell for $\$ 60$, how much revenue must the Railway have to earn $\$ 100,000$ in operating income per month?

a. $\$ 60,000$

b. $\$ 150,000$

c. $\$ 250,000$

d. $\$ 375,000$

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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Question Posted: May 14, 2024 05:02 AM

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If Telluride Railway's fixed costs total ($ 50,000) per month, the variable cost per passenger is ($

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Accounting

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