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MidCoast Airlines provides charter airplane services. In October, when the company is operating at 60% of its capacity, it receives a bid from the local

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MidCoast Airlines provides charter airplane services. In October, when the company is operating at 60% of its capacity, it receives a bid from the local college. The college is organizing a trip for a student group. The college budgeted only $30,000 for round-trip airfare. MidCoast Airlines normally charges between $50,000 and $60,000 for such service. MidCoast determines its total cost for the round-trip flight to Washington to be $45,000, which consists of the following. Although the manager at MidCoast supports the college's educational efforts, she is struggling to justify accepting only $30,000 (a) What is the contribution margin from accepting the offer? (b) Should the airline accept the $30,000 offer from the college? Complete this question by entering your answers in the tabs below. What is the contribution marain from acceptina the offer? (a) What is the contribution margin from accepting the offer? (b) Should the airline accept the $30.000 offer from the college? Complete this question by entering your answers in the tabs below. What is the contribution margin from accepting the offer? (a) What is the contribution margin from accepting the offer? (b) Should the airline accept the $30,000 offer from the college? Complete this question by entering your answers in the tabs below. Should the airline accept the $30,000 offer from the college

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