Question: Exercise 5-11 (Video) (Part Level Submission) Oriole provides shuttle service between four hotels near a medical center and an international airport. Oriole uses two 10-passenger

Exercise 5-11 (Video) (Part Level Submission) Oriole provides shuttle service between

Exercise 5-11 (Video) (Part Level Submission) Oriole provides shuttle service between four hotels near a medical center and an international airport. Oriole 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. Sales (1,340 passengers) $32,160 Variable costs Fuel $4,142 3,191 Tolls and parking Maintenance 707 8,040 Contribution margin 24,120 Fixed costs Salaries Depreciation 12,200 1,200 1,000 Insurance 14,400 Net income $9,720 (a1) x Your answer is incorrect. Try again. Calculate the break-even point in dollars. X Break-even point $

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