Question: need help with a2 Comfi Airways, Inc., a small two-plane passenger airline, has asked tor your assistance in some basic analysis ot its operations. Both

need help with a2

need help with a2 Comfi Airways, Inc., a small two-plane passenger airline,

has asked tor your assistance in some basic analysis ot its operations.

Comfi Airways, Inc., a small two-plane passenger airline, has asked tor your assistance in some basic analysis ot 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 $18,408 Net income (a1) Your answer is correct. Calculate the break-even point in dollars Break-even point 32800 SHOW SOLUTION SHOW

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