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Blossom 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

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Blossom 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 Blossom'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 $ 49,200 $ 20,900 1.200 1,500 1,000 24,600 Fare revenues ( 400 fares) Variable costs Fuel Snacks and drinks Landing fees Supplies and forms Contribution margin Fixed costs Depreciation Salaries Advertising Airport hangar fees Operating income 24,600 2,500 12.450 2.000 1.500 18.450 $ 6,150 Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even point $

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