CHANGING THE COST FORMULA FOR A MONTH TO THE COST FORMULA FOR A YEAR Refer to the

Question:

CHANGING THE COST FORMULA FOR A MONTH TO THE COST FORMULA FOR A YEAR Refer to the Fly High Airlines company information in Exercise 14-31.

Required:

. Develop annual cost formulas for airplane depreciation, fuel, and airplane maintenance.

. Using the three annual cost formulas that you developed, predict the cost of each resource in a year with 480,000 airline flight hours.

Exercise

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