Global Airways provides air transportation services between New York and Miami. A single New York to...
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Global Airways provides air transportation services between New York and Miami. A single New York to Miami round-trip flight has the following operational statistics: fuel flight crew salaries airplane depreciation airplane depreciation variable cost per passenger - business class variable cost per passenger - tourist class one-way ticket price - business class one-way ticket price - tourist class $ 6,520 3,400 1,600 1 58 34 400 240 It is assumed that the fuel, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip flight. Assume alsothat the company sells 500 business class and 1,500 tourist class tickets. Compute for the following: the number of breakeven packages weighted average contribution margin per unit the breakeven point, in units, of seats sold (business class) on a single round-trip flight the breakeven point, in units, of seats sold (tourist class) on a single round-trip flight the breakeven point, in dollars, of seats sold (business class) on a single round-trip flight the breakeven point, in dollars, of seats sold (tourist class) on a single round-trip flight total forecasted sales in $ total variable cost based from forecasted sales total contribution margin based from forecasted sales total breakeven sales (in units) for the two products Global Airways provides air transportation services between New York and Miami. A single New York to Miami round-trip flight has the following operational statistics: fuel flight crew salaries airplane depreciation airplane depreciation variable cost per passenger - business class variable cost per passenger - tourist class one-way ticket price - business class one-way ticket price - tourist class $ 6,520 3,400 1,600 1 58 34 400 240 It is assumed that the fuel, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip flight. Assume alsothat the company sells 500 business class and 1,500 tourist class tickets. Compute for the following: the number of breakeven packages weighted average contribution margin per unit the breakeven point, in units, of seats sold (business class) on a single round-trip flight the breakeven point, in units, of seats sold (tourist class) on a single round-trip flight the breakeven point, in dollars, of seats sold (business class) on a single round-trip flight the breakeven point, in dollars, of seats sold (tourist class) on a single round-trip flight total forecasted sales in $ total variable cost based from forecasted sales total contribution margin based from forecasted sales total breakeven sales (in units) for the two products
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a the number of breakeven packages 500 business class tickets 1500 tourist class tickets 2000 ... View the full answer
Related Book For
South-Western Federal Taxation 2018 Comprehensive
ISBN: 9781337386005
41st edition
Authors: David M. Maloney, William H. Hoffman, Jr. , William A. Raabe, James C. Young
Posted Date:
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