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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 $13,216 780 1,900 1,000 Fare revenues (400 passenger flights) Variable costs Fuel Snacks and drinks Landing fees Supplies and forms Contribution margin Fixed costs Depreciation Salaries Advertising Airport hanger fees Net income 16.896 31.104 3,050 15.536 500 1.650 20,736 $10,368 (a 1) Your answer is incorrect Calculate the break-even point in dollars. Break-even point $ Current Attempt in Progress Mars Company manufactures and sells three products. Relevant per unit data concerning each product are given below. Product B Selling price $11 $14 $16 Variable costs and expenses $6 $12 $13 Machine hours to produce 2 2 1 (a) Compute the contribution margin per unit of limited resource (machine hours) for each product. (Round contribution margin per unit to 2 decimal places, e.g. 1.50) Product A Product B $ $ $ Contribution margin per unit of limited resource Mars Company manufactures and sells three products. Relevant per unit data concerning each product are given below. Selling price Variable costs and expenses Machine hours to produce $11 $6 2 Product B $14 $12 1 $16 $13 2 (a) Compute the contribution margin per unit of limited resource machine hours) for each product. (Round contribution margin per unit to 2 decimal places, c.8. 1.50.) Product A Product B Product per unit of limited resource
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