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During April $($a month during peak season$),$ Craig Carriage Company had $13,100$ passengers. Seventy percent of passengers were adults $($ $$23$ fare$)$ while $30\%$ were children $($ $$15$ fare$).$

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Craig Carriage Company

Contribution Margin Income Statement

For the Month Ended April $30$

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Requirements

Prepare the company's contribution margin income statement for the month of

April. Round all figures to the nearest dollar.

Assume that passenger volume increases by $20\%$ in May. Which figures on

the income statement would you expect to change, and by what percentage

would they change? Which figures would remain the same as in April?