Refer to the Bearskin Airlines company information in Exercise 3-17. Required: 1. Develop annual cost formulas for

Question:

Refer to the Bearskin Airlines company information in Exercise 3-17.

Resource Total Cost (S) Airplane Flight Hours Airplane depreciation: High Low Fuel: 28,000,000 28,000,000 46,000 24,000

Required:
1. Develop annual cost formulas for airplane depreciation, fuel, and airplane maintenance.
2. Using the three annual cost formulas that you developed, predict the cost of each resource in a year with 480,000 airline flight hours.

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Cornerstones of Managerial Accounting

ISBN: 978-0176530884

2nd Canadian edition

Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman

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Question Posted: Nov 30, 2017 09:19 AM

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Refer to the Bearskin Airlines company information in Exercise 3-17. Required: 1. Develop annual cost formulas for

Question:

Resource Total Cost (S) Airplane Flight Hours Airplane depreciation: High Low Fuel: 28,000,000 28,000,000 46,000 24,000 High 46,000 24,000 463,818,000 241,992,000 Low Airplane maintenance: High 46,000 24,000 17,972,000 10,492,000 Low

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1 Total annual cost of airplane depreciation 1228000000 33...View the full answer

Cornerstones of Managerial Accounting

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