Exercise 19-4 Comfi Airways,, Inc., a small twe-plane passenger airtine, has asked for your assistance in some basic analysis of ts operations. Both planes seat 10 passengers each, and they fly commuters from Com's base airport to the major city in the state, Metrepolis. Each month, 40 round-trip fiights are made. Shown below is a recent month's activity in the form of a cost-volume-profit income statement Fare revenues (400 passenger fights) $48,000 Variable costs Fuel $11,160 Snacks and drinks 720 Landing fees 1,800 Supplies and forms 1,200 14,880 Contribution margin 33,120 Fixed costs 2,950 Depreciation Salaries 16,528 Advertising 500 Airport hanger fees 1,550 21,528 Net income $11,592 Your answer is correct Calculate the break-even point in dolilars 31200 Break-even point CALCULATOR FULL SCREEN PR Calculate the break-even point in dollars. RCES Break-even point 31200 LINK TO TEXT Study Your answer is correct. Calculate the break-even point in number of passenger flights. 260 flights Break-even point LINK TO TEXT Your answer is correct. Without calculations, determine the contribution margin at the break-even point. 21528 Break-even point CALCULATOR FULL SCREE PRINTER VERON NEXT BACK Without calculations, determine the contribution margin at the break-even point. Break-even point 21528 LINK TO TEXT Your answer is partially correct. Try again. If 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? 420 Net income increases to (2) Should the ticket price decrease be adepted?es Open Show.Work Click if you would like to Show Work for this question: UNK TO TEXT version 4.24