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Global Airways provides air transportation services between New York and Miami. A single New York to Miami round-trip flight has the following operational statistics:
Global Airways provides air transportation services between New York and Miami. A single New York to Miami round-trip flight has the following operational statistics: fuel flight crew salaries airplane depreciation airplane depreciation variable cost per passenger - business class variable cost per passenger - tourist class one-way ticket price - business class one-way ticket price - tourist class $ 6,520 3,400 1,600 1 58 34 400 240 It is assumed that the fuel, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip flight. Assume alsothat the company sells 500 business class and 1,500 tourist class tickets. Compute for the following: the number of breakeven packages weighted average contribution margin per unit the breakeven point, in units, of seats sold (business class) on a single round-trip flight the breakeven point, in units, of seats sold (tourist class) on a single round-trip flight the breakeven point, in dollars, of seats sold (business class) on a single round-trip flight the breakeven point, in dollars, of seats sold (tourist class) on a single round-trip flight total forecasted sales in $ total variable cost based from forecasted sales total contribution margin based from forecasted sales total breakeven sales (in units) for the two products
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