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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 $11,600

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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 $11,600 for a private flight to Chicago for its members. Revenue $ 20,680 per flight Wages, salaries, and benefits $ 7.600 per flight Fuel and oil $ 5,100 per flight Food and beverages $ 620 per flight Depreciation $ 330,000 per year Rent $ 280,000 per year (a) What is the contribution margin from accepting the offer? (6) Should the offer be accepted or rejected? EMPIRE AIRLINES Contribution Margin Variable expenses 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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