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Need help with this problem. Kirby Airlines buys a plane for $5,500,000 and the esitmated useful life is $25,000,000 with a 0 savage value. During
Need help with this problem. Kirby Airlines buys a plane for $5,500,000 and the esitmated useful life is $25,000,000 with a 0 savage value. During the first week of January, Kirby flew two trips, one round trip was from Chicago to San Francisco, for which they paid $350 for the pilot and $300 for fuel. The second trip is from Chicago to New York, paying $300 for the pilot and $150 for fuel. The round trip miles for the 1st trip was 4,400 miles and the second round trip was 1,600 miles. (a) identify the direct or indirect cost, (b) determine the total cost of each trip, and (c) in addition to depreciation, identify three other indrect cost that may be allocated for each trip
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