part B

*Exercise 22-11 a 1-b (Part Level Submission) Cullumber provides shuttle service between four hotels near a medical center and an international airport. Cullumber 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. $41,700 $5,604 3,864 957 Sales (1,390 passengers) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation Insurance Net Income 10,425 31,275 12,800 1,600 900 15,300 $15,975 *(a1) Your answer is correct. Calculate the break-even point in dollars. Break-even point $120400 Attempts: 1 of 3 used *(a2) Your answer is correct. Calculate the break-even point in number of passengers. Break-even point 1680 passengers Attempts: 1 of 3 used *(b) Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even points OLCIO Attempts: 0 of 3 used