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. $ 20,900 1,200 1.500 1.000 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 2,500 12.450 2,000 1,500 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 nues ( 400 fares) $ 49,200 osts $ 20,900 and drinks 1,200 1,500 fees s and forms ion margin 1,000 24,600 24,600 lation 2,500 12.450 2,000 sing hangar fees : income 1,500 18.450 $ 6,150 (a) Calculate the break-even point in dollars and number of fares. Break-even point $ Break-even point 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