Question 1 of 6 < > -/4 E Comfi Airways, Inc., a small two-plane passenger airline,...

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Question 1 of 6 < > -/4 E 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. The following is a recent month's activity in the form of a cost-volume-profit income statement. Fare revenues (400 passenger flights) $48,000 Variable costs Fuel $14,000 Snacks and drinks 800 Landing fees 2,000 Supplies and forms 1,200 18,000 Contribution margini 30,000 Fixed costs Depreciation 3,000 Salaries 15,000 Advertising 500 Airport hanger fees 1,750 20,250 Net income. $9,750 Chantor html ^ Week 5 Chapter.html A Question 1 of 6 < > -/4 E 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. The following is a recent month's activity in the form of a cost-volume-profit income statement. Fare revenues (400 passenger flights) $48,000 Variable costs Fuel $14,000 Snacks and drinks 800 Landing fees 2,000 Supplies and forms 1,200 18,000 Contribution margini 30,000 Fixed costs Depreciation 3,000 Salaries 15,000 Advertising 500 Airport hanger fees 1,750 20,250 Net income. $9,750 Chantor html ^ Week 5 Chapter.html A