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Comfi Airways, Inc., a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers
Comfi Airways, Inc., a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers each, and they fly commuters from Comfi's base airport to the major city in the state, Metropolis. Each month, 40 round-trip fights are made. Shown below is a recent month's activity in the form of a cost-volume-proft income statement. $64,000 Fare revenues (400 passenger flights) Variable costs Fuel Snacks and drinks Landing fees Supplies and forms $25,200 800 1,800 1,000 28,800 35,200 Contribution margin Fixed costs Depreciation Salarles Advertising Airport hanger fees 3,100 12,940 300 1,700 18,040 $17,160 Net income (a1) Your answer is correct. Calculate the break-even point in dollars. Break-even point 32800 SHOW SOLUTIONSHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used (a2) [y] Your answer is correct. Calculate the break-even point in number of passenger flights. Break-even point 205l flights SHOW SOLUTIONSHOW ANSWER LINK TO TEXT
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