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Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations
Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Results Flexible Budget Planning Flights (q) Revenue ($350.00g) Expenses Wages and salaries ($3,600 +$86.00g) Fuel ($31.00q) Airport fees ($870 +$30.00g) Aircraft depreciation ($8.00g) office expenses ($250 +$1.00g) Total expense Net operating income Budget 55 55. 53 $ 16,400 $ 19,250 $ 18,550 8,298 8,330 8,158 1,873 1,705 1,643 2,375 2,520 2,460 440 440 424 473 305 13,459 13,300 303 12,988 $ 2,941 $ 5,950 $ 5,562 The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount.
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