Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively...
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Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below. Flights (9) Revenue ($355.00q) Expenses: Vulcan Flyovers Operating Data For the Month Ended July 31 Wages and salaries ($3,700 + $90.000) Fuel ($33.00) Airport fees ($870 $33.000) Aircraft depreciation ($9.000) office expenses ($200 $1.00g) Total expense Net operating income Actual Flexible Planning Results Budget Budget 52 52 50 $ 16,400 $18,460 $ 17,750 8,348 8,380 8,200 1,880 1,716 1,650 2,481 2,586 2,520 468 468 450 420 252 250 13,589 13,402 13,070 $ 2,811 $5,058 $ 4,680 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. Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below. Flights (9) Revenue ($355.00q) Expenses: Vulcan Flyovers Operating Data For the Month Ended July 31 Wages and salaries ($3,700 + $90.000) Fuel ($33.00) Airport fees ($870 $33.000) Aircraft depreciation ($9.000) office expenses ($200 $1.00g) Total expense Net operating income Actual Flexible Planning Results Budget Budget 52 52 50 $ 16,400 $18,460 $ 17,750 8,348 8,380 8,200 1,880 1,716 1,650 2,481 2,586 2,520 468 468 450 420 252 250 13,589 13,402 13,070 $ 2,811 $5,058 $ 4,680 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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