Quarterly airline travel by employees of Modern Day Furniture Company between cities A and B (round trip) has been one person 8 times; two persons 5 times; three persons 2 times; and four persons once. Each of the eight employees named on the airline ticket stubs are in the $30,000/year salary bracket. Round trip airfare for one person between cities A and B is $250.00. It takes an employee 4 hours to go from City A to B by airline.

(Also 4 hours for the return trip). Determine the (1) total quarterly fares; (2) average load factor; (3) VHM; and, (4) total quarterly airline travel expenses including VMH.

Using a high performance single-engine aircraft and flying into a general aviation airport closer to City B takes 2.5 hours from City A. (5 hours for the round trip) Aircraft operating expense is $100 per hour. Assuming the same number of legs flown as the airline

(32) and the same load factor, the total hours flown will be and the total flying expense will be $ . Determine the total quarterly expenses including VMH using the business aircraft. LO9 Assuming the trips can be made in a total of 24 legs through better scheduling using the business aircraft, what would the load factor have to be? . What would the total flight expense be? . Using the previously determined VMH and flying 24 legs, what are the total quarterly expenses including VMH? .