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Need help with answer in part C red box Exercise 19-4 (Part Level Submission) Comfi Airways, Inc., a small two-plane passenger airline, has asked for
Need help with answer in part C red box
Exercise 19-4 (Part Level Submission) 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) Variable costs $56,000 Fuel Snacks and drinks Landing fees Supplies and forms $18,640 720 2,000 1,600 22,960 33,040 Contribution margin Fixed costs Depreciation Salaries Advertising Airport hanger fees 2,950 13,022 600 1,600 18,172 $14,868 Net income ? (a1) Your answer is correct Calculate the break-even point in dollars. Break-even point Click if you would like to Show Work for this question: 30800 Open Show Work
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