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Help me please a Comh Airways, Inc, a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both
Help me please
a 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 fly commuters from Comfs 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 $48.000 Fare revenues (400 passenger flights) Variable costs Fuel $13,390 Snacks and drinks 790 Landing fees 2.000 1.100 17.280 Supplies and forms Contribution margin 30.720 Fixed costs Depreciation 2100 15.180 Salaries 800 Advertising 1600 20.480 Airport hanger fees $10.240 Net Income * Your answer is incorrect. Calculate the break-even point in dollars. Break-even point 34,711 8644 e e Textbook and Media Assistance Used Solution Attempts: 3 of 3 used ( 2) Calculate the break-even point in number of passenger lights Break-even point Step by Step Solution
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