Although the manager at MidCoast supports the college's educational efforts, she is struggling to justify accepting onily $30,000 (a) What is the contribution margin from accepting the offer? (b) Should the airline accept the $30,000 offer from the college? Complete this question by entering your answers in the tabs below. What is the contribution marpin from accepting the offer? Although the manager at MidCoast supports the college's educational efforts, she is struggling to justify accepting only $30,000 (a) What is the contribution margin from accepting the offer? (b) Should the dirline accept the $30,000 offer from the college? Complete this question by entering your answers in the tabs below. Should the airline accept the $30,000 offer from the college? Exercise 1919 (Static) Analyzing a special offer for a service company LO P3 MidCoast Airlines provides charter airplane services. in October, when the company is operating at 60% of its capacity, itreceives a bid from the local college. The college is organizing a trip for a student group. The college budgeted only $30,000 for round-trip airfare. MidCoast Atulines normally charges between $50,000 and $60,000 for such service. MidCoast determines its total cost for the round-trip filght to Woshington to be $45,000, which consists of the following Although the manager at MidCoast supports the college's educational efforts, she is struggling to justify accepting only $30,000. (a) What is the contribution margin from accepting the offer? (b) Should the airfine accept the $30,000 offer from the college? Complete this question by entering your answers in the tabs below