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Empire Airlines reports the following cost data for the year. The company flew 100 private flights during the year. A group has offered Empire $11,000

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Empire Airlines reports the following cost data for the year. The company flew 100 private flights during the year. A group has offered Empire $11,000 for a private flight to Chicago for its members Revenue $ 20,000 per flight Wapes, salaries, and benefits $ 7,000 per flight Fuel and oil $ 4,500 per flight Food and beverages $ 500 per flight Depreciation $ 300,000 per year Rent $ 250,000 per year (a) What is the contribution margin from accepting the offer? (Negative amounts should be indicated with a minus sign.) (b) Should the offer be accepted or rejected? Complete this question by entering your answers in the tabs below. Required A Required B What is the contribution margin from accepting the offer? (Negative amounts should be indicated with a minus sign.) EMPIRE AIRLINES Contribution Margin Depreciation Depreciation Food and beverages Fuel and oil Rent Required B > Empire Airlines reports the following cost data for the year. The company flew 100 private flights during the year. A group has offered Empire $11,000 for a private flight to Chicago for its members Revenue 5.20,000 per flight Wages, salaries, and benefits 5 7,000 per flight Fuel and oil $ 4,500 per flight Food and beverages $ 500 per light Depreciation $ 300,000 per year Rent $ 250,000 per year (a) What is the contribution margin from accepting the offer? (Negative amounts should be indicated with a minus sign.) (6) Should the offer be accepted or rejected? Complete this question by entering your answers in the tabs below. Required A Required B Should the offer be accepted or rejected? Should the offer be accepted or rejected?

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