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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 Comf's base airport to the major city in the state, 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 $48,000 Fare revenues (400 passenger flights) Variable costs Fuel $16,084 740 2,000 1,000 19,824 28,176 Snacks and drinks Landing fees Supplies and forms Contribution margin Fixed costs Depreciation Salaries Advertising Airport hanger fees Net income 2.950 13,884 400 1.550 18,784 $9,392 (a1) Your answer is incorrect Calculate the break-even point in dollars. Break-even point
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