Question

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. Shown below is a recent month's activity in the form of a cost-volume-profit income statement. Fare revenues (400 passenger flights) Variable costs $64,000 Fuel Snacks and drinks Landing fees Supplies and forms $22,720 720 1,800 1,000 26,240 37,760 Contribution margin Fixed costs Depreciation Salaries Advertising Airport hanger fees 2,950 14,202 400 1,800 19,352 Net income $18,408 Calculate the break-even point in dollars Break-even point

Answer 1

The answer has been presented in the supporting sheets. All the parts has been solved with detailed explanation and formulas and format. For detailed answers refer to the supporting sheets.

) Date Page Dalla magin Go 64000 aksven aint 205 flight

o) Date Page 왕-ticket-f Rice. Cele cunos pR Variable Cest 26240 X 1-25 252 ixed Cesb 19818 Ne