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Exercise 6-4 Comfi Airways, Inc., a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both planes seat

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Exercise 6-4 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 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) $64,000 Variable costs Fuel Snacks and drinks Landing fees Supplies and forms $18,600 800 1,800 1,200 22,400 41,600 Contribution margin Fixed costs Depreciation Salaries Advertising 2,950 15,500 600 udy Airport hanger fees Net income 1,750 20,800 $20,800 Calculate the break-even point in dollars. Break-even polnt Calculate the break-even point in number of passenger flights G Search or type URL 8 2 3 4 5 6 Q W E

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