ctice Assignment Gradebook ORION Downloadable Textbook nment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 19-04 Comh 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 ny commuters from Comfi'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. Fare revenues (400 passenger flights) $48,000 Variable costs Fuel $18,100 Snacks and drinks 700 Landing fees 1,800 Supplies and forms 1,000 21,600 Contribution margin 26,400 Fixed costs Depreciation 2,900 Salaries 11,800 Advertising 300 Airport hanger fees 1,500 16,500 Net income $9,900 Your answer is correct. Calculate the break-even point in dollars. Show All is..pdf MacBook Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK Break-even point 250 Rights RCES X Your answer is incorrect. Try again. Study Without calculations, determine the contribution margin at the break-even point. Break-even point 23040 Your answer is partially correct. Try again. Ir ticket prices were decreased by 10%, passenger flights would increase by 25%. However, total variable costs would increase by the same percentage as passenger flights. (1) How much would net income be impacted by this change? 11520 Net income increases : to s (2) Should the ticket price decrease be adopted? Yes Click if you would like to Show Work for this question: Open Show Work Show All nthesis...pdf MacBook