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Exercise 3-36 (Algo) CVP and Margin of Safety (LO 3-1, 2) Bristol Car Service offers airport service in a mid-size city. Bris

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Answer #1
a
Fixed cost 620
Divide by Unit Contribution margin 2 =38-36
Break-even point 310 trips
b
Average monthly trips 325
Less: Break-even point 310
Margin of safety 15 trips
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