Question: Question 4 of 4 View Policies -/6 E ! Current Attempt in Progress Sheridan provides shuttle service between 4 hotels near a medical center

Question 4 of 4 View Policies -/6 E ! Current Attempt inProgress Sheridan provides shuttle service between 4 hotels near a medical center

Question 4 of 4 View Policies -/6 E ! Current Attempt in Progress Sheridan provides shuttle service between 4 hotels near a medical center and an international airport. Sheridan 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 as follows Sales (1,420 passengers) $32,660 Variable costs Fuel $4,024) Tolls and parking 5,088 Maintenance 686 9.798 Contribution margin 22.862 Fixed costs Salaries 13,100) Depreciation (straight-line) 2.000 Insurance 1,000 16.100 Net income. $6,762 (a) Calculate the break-even point in (1) sales dollars and (2) number of passengers Break-even point $ 151

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