A wiley .com/was/uV/v2/assessment-player/index.html?launchl 23 Question 6 of 8 View Policies Current Attempt in Progress Ivanhoe Airways Inc., a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. The planes seat 10 passengers each, and they fly commuters from Ivanhoe's base airport to the major city in the province, Metropolis. Each month, 40 round-trip flights are made. Shown below is a recent month's activity in the form of a cost-volume-profit income statement. Fare revenues (400 fares) $50,800 Variable costs Fuel $21,120 Snacks and drinks 1,340 Landing fees 1,760 Supplies and forms 1,180 25,400 Contribution margin 25,400 Fixed costs Depreciation 2,740 Salaries 12,270 Advertising 2,240 Airport hangar fees 1,800 19,050 Operating income $6,350 Type here to search 19.C Clear AX $2 FA F5 F6 Prison Home End F9 F10 PgUP PgDn F12 a 5 8 O W R U O P A D G H Kimmer 2023 -12 E : Question 6 of 8 (a) Calculate the break-even point in dollars and number of fares. Break-even point $ Break-even point fares e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Type here to search 19.C Clear ~C 4 0 & ENG X F2 F3 FA E7 PrtSon Home End F10 PgUP LA O W R T U O P A S D 71 G H K Z X C V N