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Question 10 of 15 -/1 Friendly Airways Inc, a small two-plane passenger airline has asked for your assistance in some basic analysis of its operations.

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Question 10 of 15 -/1 Friendly Airways Inc, a small two-plane passenger airline has asked for your assistance in some basic analysis of its operations. The planes seat 10 passengers each, and they fly commuters from Friendly s base airport to the major city in the province, 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 $49.200 $20 860 1.200 1,520 1.020 Fare revenues (400 fares) Variable costs Fuel Snacks and drinks Landing fees Supplies and forms Contribution margin Fbced costs Depreciation Salaries Advertising Airport hangar fees Operating income 24.600 24,600 2.850 11.830 2.250 1.520 18,450 $6,150 (a) Calculate the break even point in dollars and number of tares Break even point 5 Break-even point fates

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